US importers stockpile Italian Prosecco as a hedge against possible Trump tariffs

Rome (app) – US importers are storing Italian bubbles Proseco Alcohol industry data shows that President Donald Trump as a hedge on the potential impact of the threat.

According to the Italian Alcohol Trade Association’s Union, US imports of Italian glowing wine – 90 % of this prosecu – scircate by 41 % in November, after Trump’s selection, is much higher than consumer demand when importers He filled the pipeline for future sales.

“It was natural to ship extra at the end of the year,” said Lamberto Frecobaldi, president of the Trade Association, Lamberto Frecobaldy. This kind of luxury will be eliminated if the prices make them very expensive.

“Can we survive without a glass of wine? Yes. Alcohol is a pleasure,” Frecobaldi told the Associated Press this week.

Italian alcohol was not subjected to prices during Trump’s presidency, and no prices have been announced about history against European partners. Nevertheless, Priceo importers and distribution are taking precautionary measures to protect the market.

According to the Trade Federation, Italy exports about one quarter of its wine to the United States, and the sector is exposed to more than any other Italian exporter than any Italian export. Last year, Italy’s liquor exports to the United States had a total of 1.9 billion euros ($ 1.97 billion).

Proseco became the highest selling Italian wine in the United States last year, represented by about 40 % of all sales.

Before Trump was elected, the first signs of market concerns showed up, with Proseco delivery to the United States increased by 17 % in the first 10 months of 2024. Compared to this, with the next two markets, the UK and Germany with a minor single digit. , And in this period, pushing American consumption forward, which has only increased by 0.6 % during this period.

“This is an important figure that we did not expect,” said Jiankarlo Guidolin, president of Dr. Consortium, the largest Prosecutor of Italy’s three prosecutors. “We think the warehouse has increased the product.”

Another element of high delivery may be a threatening port in January, said Dina Oppie, the chair of the US liquor and spirits wholesalers, Women, Women, Women, Dina Opsey.

Opsey said, “He said, obviously, considering that there may be taxes here, I think he has probably provided people with a high level of comfort in investing.”

____

In Rome, Sylvia Stelusi and Colin Berry in Milan participated in the report.

Leave a Comment