WASHINGTON, D.C., 04/03/2025 - Wine & Spirits Wholesalers of America (WSWA) today released the following statement following President Trump's announcement on tariffs:
"WSWA is concerned about the impact of newly announced tariffs and their potential effects on American businesses, industry partners, and consumers. While our industry remains resilient, these trade policies create significant uncertainty in supply chains and pricing, affecting the entire beverage alcohol industry and the broader hospitality sector. Ultimately, consumers will bear the brunt of these changes, facing higher prices and reduced access to the diverse selection of products they expect.
WSWA strongly urges U.S. officials and their counterparts abroad to engage in meaningful negotiations that result in fair and reciprocal trade practices. Tariffs and trade barriers disrupt long-established relationships and hinder economic growth for businesses on both sides of the Atlantic. We also call on our international partners to encourage their governments to come to the negotiating table. By working toward reduced trade barriers, reciprocal actions can be taken by the U.S., in line with the commitments made by President Trump. Our shared goal must be to restore the stable and balanced trade environment that previously existed for wine and spirits.
WSWA remains committed to advocating for policies that support economic growth, job creation, and consumer choice in the U.S. wine and spirits marketplace. We will continue to work with policymakers to ensure the stability and prosperity of our industry, while maintaining access to the world-class products that American consumers enjoy."