US EditionTariff Chaos Is Causing Companies—and Consumers—to Hit the Bottle
- Spanish winemakers are facing issues with overflowing cellars of Rioja wine due to the pandemic and proposed 200 percent tariffs on exports to the US.
- The Rioja industry's modest 0.6 percent sales increase in 2024 occurs amidst a global decline in wine consumption, according to Amanda De La Santisima Trinidad.
- The US market is crucial for Rioja, with 4 percent of production sold there, highlighting past trade tensions.
- The Rioja region, home to nearly 600 wineries, produces 362 million bottles annually and is significant to the local economy, valued at around £1.5 billion a year.
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Spain's Rioja winemakers brace for U.S. tariff announcement
Spain's Rioja winemakers are worried about US President Donald Trump's "Liberation Day" tariff announcement expected on Wednesday (April 2), after he previously threatened a 200% tariff on European alcohol.
·Bangkok, Thailand
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The IndependentReposted by 
The Independent (US)
The Independent (US)Spain’s Rioja cellars are overflowing. Trump’s tariffs threaten to make that worse
The U.S. is the second largest export market for Rioja wines after Britain
·London, United Kingdom
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Leaning Left2Leaning Right3Center1Last UpdatedBias Distribution50% Right
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C 17%
R 50%
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