The US Alcohol and Tobacco Tax and Trade Bureau (TTB) has finalised a rule making permanent the system that allows foreign producers to assign excise tax benefits to importers under the Craft Beverage Modernisation Act (CBMA), effective as of the end of October. It also...
South Australian wine producers sold an additional $6.4 million of wine (an increase of 15.6%) to Canada in the five months after the country's largest liquor retailer; the Liquor Control Board of Ontario (LCBO), removed US wine from its shelves. The LCBO's decision to remove US...
Alcohol-industry trade bodies on both sides of the globe have expressed disappointment that the "framework agreement" on trade between the US and the EU sees European products facing a 15% tariff, with no exemption provided for the alcohol industry. From the EU perspective, this tariff is...
It is anticipated that China could impose its own port charges and bar ships in U.S. services under new regulations that raise the stakes in the trans-Pacific trade war with the United States. China's State Council amended regulations on international maritime transport, targeting countries that discriminate...
Cosco Shipping Container Lines and Orient Overseas Container Line (OOCL) have both confirmed their commitment to the continuation of reliable and stable services to the USA before the impending commencement of the port service fees. These fees, as detailed in our previous newsletter, are to be...
This year has seen the output of California wine drop 17.1% to 508.2 million gallons, the lowest since 1999, with U.S. production falling 15% to 647.7 million gallons, the lowest since 2004. This represents the steepest single-year production collapse in over 30 years, surpassing the decline...
While July saw a 3.2% year-on-year increase in inbound container volume through top U.S. ports, this was a temporary surge due to front loading to get goods in prior to the tariffs taking effect in August. Regardless of this surge, inbound container volume has shown a...
U.S. Customs & Border Protection (CBP) has been designated to collect a new fee regime targeting China-linked vessels, as authorised by a U.S. Trade Representative ruling. This new fee regime targeting China-linked vessels is scheduled to commence rollout 14th October 2025. It will apply to both...
The impact of the 50% tariff on all Indian products, as announced by the U.S., has the potential to substantially impact India's economy (if it remains unchanged by Trump and is upheld by the Supreme Court). The U.S. is India's largest export market, accounting for 18%...
U.S. exports of liquor and wine to Canada have plummeted by more than 60% in the first half of the year as Canadians boycott US alcohol. Shipments of popular US-made whiskeys, rums, gins and other liquors through June to Canadian provinces was around $43.4 million, representing...