Following President Trump's threats to impose tariffs on European goods, Italian wine imports, particularly prosecco, surged by 41% in November 2016. The Union of Italian Wines noted that this peak is unprecedented. Trump criticized the EU for not importing enough American goods while accusing it of taking advantage of the U.S. Italian wine and fashion industries are concerned about the impact of new tariffs, which could significantly affect their exports and economic stability in Italy.
Americans are not willing to give up on our wines.
It will definitely happen with the European Union... they are really taking advantage of us.
If Trump penalizes the second industry in Italy, it is a pretty hostile declaration.
Last year, Italy's wine exports to the U.S. totaled 1.9 billion euros.
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