• Tariffs: Trump threatens Spanish wine
  • Reactions. "The American consumer will also lose"

The United States has had its way and the World Trade Organization (OM) has authorized it to impose tariffs on more than 1,500 European products. The most affected countries are Spain, France, Germany and the United Kingdom.

After the EU, the United States is the first market for Spanish food and beverage exports with 1,728 million euros, according to data from the Spanish Federation of Food Industries (FIAB). It is a "strategic market for the food and beverage industry" national, according to this employer.

In the case of Spain, these rates have an impact on the olive grove (oil and table), pork (products such as ham), wine, fruits, dairy products, including all kinds of cheeses, juices and seafood . Spain exports wine and oil to the US worth more than 700 million euros. There are 405 million in olive oil and 299 million wine, according to Icex data.

Yogurt, butter, cherries and peaches from most EU countries will also be affected, in addition to the textile sector, according to the US foreign trade office.

According to Fiab data, exports to the US market of the main products affected (fresh cheese, olives, olive oil, pig products or wine) together account for about 1,000 million euros.

In the case of oil, purchases by the US from Spain have shot up 40% in the first half of this year, precisely because of the fear of a rise in tariffs and the fall in prices in our country after years of Uploads In addition, the sector has been carrying out campaigns to promote our oil in the US for many months, as well as ham.

Collateral victims

Agricultural associations, which were already on alert since last April before the possibility of the WTO authorizing these rates, regret being the victims of this cross war . "Spanish farmers and ranchers are once again the main collateral victims of the commercial conflict that Donald Trump is orchestrating," said the Association of Small Farmers Union (UPA).

Both this association and others in the food sector point out how difficult it is to quantify the impact that these rates will have on our sales to this country. In Spain we have the precedent of black table olives, whose exports have plummeted significantly after the various tariffs approved by Trump for the product.

In this case, the US president imposed the fees with the excuse that Spanish producers benefited from EU aid (those of the CAP) and therefore had more competitive prices than California producers and this harmed them. After the approval of the rates, the sales of black olives of the latter have increased.

The wine

Wine is another product in the spotlight. In addition to France, Spain is one of the main exporters of broths to the US , which was the fourth destination of Spanish exports in value, with a total of 325 million euros sold (90 million liters).

The wines affected by the tariffs are the calm wines packed of less than 14 degrees, that is to say, the wines without bubbles, those that are not sparkling (cava, champagne) nor the generous wines (fine, piled up, chamomile ...). The total value of our sales of this type of broth to the US is 240 million.

"We do not understand that agricultural products like ours are involved in a conflict generated by other sectors," said the director general of the Spanish Wine Federation (FEV), José Luis Benítez.

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  • Castile and Leon
  • U.S
  • economy
  • Motor industry
  • Elmundovino
  • Spain
  • Donald Trump
  • Germany
  • France
  • United Kingdom

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