Customs conflict: Austria's wine exports in danger from Trump's threats!
Customs conflict: Austria's wine exports in danger from Trump's threats!
The upcoming EU tariffs on US Whiskey and motorcycles, originally planned for early April 2025, have now been postponed to intensify negotiations. This measure follows the US tariffs on steel and aluminum from Europe, which have fueled the trade policy tensions between the two regions. A possible import customs of 200 percent on European wines could present the successful wine industry in Austria and other European countries with massive challenges, which triggers concerns about the President of the Agriculture Berlakovich. According to orf , such a high custom could mean a dramatic decline in wine sales in the USA, an important market for local winegrowers who have already struggled with sales problems.
trade relationships and customs questions in focus
On the edge of these debates, the EU Commission published a question-answer catalog on customs policy. Among other things, this document deals with the current value of trade between the EU and the USA as well as customs dates that both sides raise. In 2023, the bilateral goods trade was 851 billion euros, with the EU recording a trade surplus of 157 billion euros, while a deficit of 109 billion euros started in the service sector, as the EU representation in Germany.
reported In view of these developments, the EU expressed that the "mutual" trade policy proposed by President Trump was to be regarded as negative. However, both sides are open to negotiations, since the trading structures contain different customs sets, which in turn depend on the respective market. The EU strives to establish a balance in transatlantic relationships and is looking for solutions that benefit the two sides.| Details | |
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| Ort | Washington, USA |
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