European wine and spirit producers are sounding the alarm on the newly announced trade framework between the United States and the European Commission.
President Donald Trump and European Commission President Ursula von der Leyen announced the deal, which sets a baseline tariff of 15% on European exports to the United States.
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The deal does include exemptions for some products, including airliners and their components and certain pharmaceuticals, but as of Tuesday, European alcohol exports, which accounted for more than $9 billion worth of trade last year, will still face the full 15% rate.
Trump and White House officials have said that the US and EU will continue negotiations on several
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