Zachys calls for ‘push back’ on 100% tariffs

US fine wine merchant and auctioneer Zachys is calling on its customers to contact their senators and representatives and appeal to them not to support 100% tariffs on EU wines.

As was reported recently, the current administration is considering expanding its tariffs from the 25% imposed in October to 100% on all wines from the European Union.

Zachys has warned its customers that such a move would cause prices on fine wines to “skyrocket”.

The retailer has provided links so that customers can email a statement to their state representative and senator stating their wish that said public servants will vote to oppose the proposed tariff hike.

There is also a link to enable customers to email the US Trade Representative’s office as well.

The statement explains that: “Margins on wine are extremely small, and the sale of wine is highly regulated, with virtually every state imposing a three-tier distribution system with markups occurring at each tier of distribution. Thus, a 25% tariff on wine imports will likely result in a 50% increase and a 100% tariff on wine imports will likely result in a 150% increase in prices for a consumer like me.”

As the statement continues, the US industry would need another decade of growth before it were able to make up the shortfall caused by the drying up of EU imports.

“As a wine consumer, I do not understand why individual consumers like me should suffer because of a dispute involving Boeing and Airbus or France’s digital services tax. Retaliatory tariffs on these matters should target Airbus and their suppliers who benefitted from the subsidies or French digital services companies,” the statement concludes.

To email a state representative, click here.

To email a state senator, click here.

To email the US Trade Representative, click here.

Leave a Reply

Your email address will not be published. Required fields are marked *

Please note that comments are subject to our posting guidelines in accordance with the Defamation Act 2013. Posts containing swear words, discrimination, offensive language and libellous or defamatory comments will not be approved.

We encourage debate in the comments section and always welcome feedback, but if you spot something you don't think is right, we ask that you leave an accurate email address so we can get back to you if we need to.

Subscribe to our newsletters

Fine Wine Sales Executive

Roberson Wine
London, UK

Account Manager - London Trade Sales

Bancroft Wines Ltd
London, UK

Brand Manager

Elixir Distillers
Park Royal, London UK

Marketing Assistant

Speciality Brands
Park Royal, London, UK

Key Account Manager

MMI Maldives
Maldives

Financial Controller

London City Bond
Barking, UK

Duty Manager

The Whisky Exchange
Great Portland Street, London

Spirits Advisor

The Whisky Exchange
London, UK

International Sales Manager

Elixir Distillers
Park Royal, London, UK

Millésime Bio 2020

Montpellier,France
27th Jan 2020

Maisons Marques et Domaines Annual Tasting

London,United Kingdom
29th Jan 2020

Austrian Wine Tasting

London,United Kingdom
3rd Feb 2020
Click to view more