Wine, shipments from Italy to the US up 50 per cent

Shipments of Italian wine to the United States from the port of Livorno are split 50-50. This is estimated by the Italian Wine Union. The other half of the Italian producers are either waiting for the duty (now at 10 per cent) to be reduced to zero or have not yet reached an agreement with the importer on who, and in what percentage, should bear the costs. The mechanism at the moment seems to work like this: the importer bears the duty when the goods arrive in the USA but asks the Italian producers to take this into account when defining the sales price, bearing all or at least part of the cost of Trump's tariffs. The damage is there.