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Italy concerned but not terrified by potential Trump wine tariffs – Minister

Published on March 27, 2025 at 07:44 PM

Italian Agriculture Minister Francesco said his country is concerned but not terrified of any new tariffs the United States could impose on wine.

Lollobrigida said this on Thursday at a conference in Rome, adding that he hoped diplomatic efforts could avert damage to a key industry.

Recall that US President Donald Trump has threatened to impose a 200% tariff on wine, cognac and other alcohol imports from Europe, as part of a global trade war that has roiled financial markets and raised recession fears.

DAILY POST reports that the White House is expected to make a major tariff announcement on April 2.

Italian trade group Federvini warned on Wednesday that wine and spirits exports to the United States were stalling due to the uncertainty over possible new duties.

“We fear any further burden that will create more difficult conditions (for wine exports), but we aren't terrified,” Lollobrigida said.

He added that he hoped diplomacy will prevail in negotiations with such a strategic ally as the United States, over a fundamental market for Italy, indispensable and not replaceable.

Trump's threat to target European wines and other alcohol imports is said to be a response to a European Union plan to impose tariffs on American whiskey and other products next month, which in turn is a reaction to Trump's 25% tariffs on steel and aluminum imports that took effect earlier this month.

Italy's wine exports in 2024 reportedly grew 5% year-on-year to over 8 billion euros ($8.63 billion), of which just under a quarter were directed to the United States.