(ANSA) - Rome, October 18 - US tariffs will cause an average
fall in turnover for small and medium spirits producers of
20-25%, wine and spirits group Federvini said Friday.
Around 100 of these firms are worst exposed to the tariffs,
it told ANSA.
Exports to the US are worth around 163 million dollars,
according to US customs, with a downward variation of 35%.
Italy is the third biggest exporter of spirits to the States
after France and Ireland.
Tariff axe on spirits, turnover down 25%
Will cut exports to US by 35%