PARIS (Reuters) – Wine and flavored wines could be excluded from the trade agreement negotiated between the European Union (EU) and the United States on customs duties, the European Committee for Business Wine (CEEV) said on Friday, which is concerned with such a possibility.
“The European wine sector is already going through an extremely difficult period and the definitive establishment of an ad Valorem tax would only increase this crisis and would prejudice thousands of wine and grape producers through the EU”, underlines Marzia Varvaglione, president of the CEEV, in a press release.
“We therefore ask the European Commission to ensure that wine and flavored wine products remain an integral part of the package of negotiations with the American administration,” she adds.
President Donald Trump said on Thursday that the EU could receive a letter detailing the customs duties he wishes to impose on him by Friday, questioning the progress of commercial negotiations between Washington and Brussels.
(Emma Rumney, written by Kate Entringer)
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