综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / China US trade tensions

California wineries face higher costs due to tariffs on China's glass bottles

Xinhua | Updated: 2019-06-17 11:26
Share
Share - WeChat
A forklift driver stacks oak barrels full of newly made wine at a production facility in Santa Rosa, California. [Photo/Agencies]

SAN FRANCISCO - The US-China tariffs dispute has impacted other parts of California's wine industry -- glass bottles, as the wineries are sourcing glass from new manufacturers to control costs.

"The glass from China has jumped up in price due to tariffs. Our production team is right now sourcing glass from other countries," said Michael Parr, vice-president of Wente Family Estates in Livermore, Northern California, over the weekend.

"We are going to walk away from glass manufacturers in China and looking now to other countries or in the Unites States," said Parr, who manages the international business for the oldest family-owned winery in California.

He said the other wineries also are doing the same thing: canceling glass orders from China and trying to find other glass producers locally or from Mexico.

In an escalation of the trade tensions, Washington on May 10 increased additional tariffs on $200 billion worth of Chinese imports from 10 percent to 25 percent, and has threatened to raise tariffs on more Chinese imports. In response, China raised additional tariffs on a range of US imports on June 1.

Most California wineries use bottles made in China, which are subject to tariffs from the United States and end up raising production costs, Stuart Spencer, executive director of Lodi Winegrape Commission, told Capital Public Radio in a recent report.

"The environmental regulations and cost of producing glass in California has shifted in production to China over the last 20 years," he told the media outlet. "And so, I think all wineries, regardless of size, are being affected by this as the cost of the glass continues to rise."

He said it's likely those costs are absorbed by the wineries, which cuts into profits.

Wente Vineyards is expected to release new wines in August or September. "If we want to get our wines onto the shelf, we need glass bottles to put them in," said Parr.

"I was told that the price will go up 18 percent per glass bottle from China. So that's high enough to warrant our reasoning for sourcing out new glass manufacturers," he said.

On the other hand, California's wine industry has lost revenues in the Chinese market because of the retaliatory tariffs from China. The US wines now face a total of 93 percent of tax and tariff rate in the market.

The industry saw a nearly 25 percent decline in exports to China by value last year, which was the largest contributor to the softness of Asian market, compared to the healthy growth rates of the prior two years, according to a recent report by the Wine Institute of California.

The organization has been urging the US administration to resolve the tariff dispute with China as soon as possible so that the wineries do not suffer a long-term market loss.

Top
BACK TO THE TOP
English
Copyright 1994 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
柯坪县| 沈丘县| 唐海县| 留坝县| 东山县| 明水县| 丰城市| 彰化市| 大足县| 皋兰县| 榆社县| 屏南县| 涞水县| 黔江区| 洱源县| 蒙自县| 丹巴县| 古交市| 出国| 江孜县| 丰县| 宕昌县| 上饶县| 深水埗区| 兴化市| 贺兰县| 通许县| 兖州市| 元阳县| 吉安县| 绍兴市| 突泉县| 工布江达县| 孟津县| 通渭县| 霍邱县| 邵阳市| 沿河| 民权县| 桂阳县| 兴化市|