The United States-European Union Joint Statement has confirmed a 15% tariff on Italian wine imports, dealing a heavy blow to one of Italy’s most exposed export sectors. Wine represents about €2 billion in annual shipments to the US, accounting for 24% of Italy’s global wine exports. The US tariffs were confirmed today in an EU-US joint statement announced by EU Trade Commissioner Maroš Šefčovič.
“This is a major setback for the industry,” said Lamberto Frescobaldi, president of the Unione Italiana Vini (UIV). “The second half of the year will be very difficult. More than ever, it is crucial to form an alliance with our US partners – distributors, importers and restaurateurs – who share our opposition to tariffs in defense of both Italian and American businesses“.
US Wine Tariffs Confirmed: the bill is also high for American partners
UIV estimates losses for Italian producers at €317 million over the next 12 months, rising to €460 million if the dollar remains weak. US trade partners could forfeit nearly $1.7 billion in revenue.
The sector was already under pressure, with export volumes down almost 4% in the first five months of 2025. “The time for uncertainty is over,” said UIV Secretary General Paolo Castelletti. “Government support will now be essential in promoting Italian wine abroad.”
According to UIV data, 76% of Italy’s wine shipments to the US – equivalent to 366 million bottles – are “at risk” (with an export exposure above 20%). Among the most exposed: Moscato d’Asti (60% of production exported to the U.S.), Pinot Grigio (48%), Chianti Classico (46%), Tuscan reds (35%), Piedmont reds and Brunello di Montalcino (31% each), Prosecco (27%), as well as Lambrusco and Montepulciano d’Abruzzo.
