News2022-12-01T08:53:31-08:00

TTB Announces Public Listening Sessions on Labeling and Advertising of Wine and Distilled Spirits

Held on February 28 and 29, the sessions are part of the Biden Administration’s rulemaking process after the Department of the Treasury’s February 2022 report on “Competition in the Markets for Beer, Wine, and Spirits” following the President’s Executive Order 14036 to “to reduce the trend of corporate consolidation, increase competition, and deliver concrete benefits to America’s consumers, workers, and small businesses.”

Imported wines are taking over the American Market

Imports of wine to the United States have reached record highs. According to the International Organisation of Vine and Wine (OIV), in 2022, the USA was the leading global importer of wine by both volume and value. Furthermore, it secured the second spot in bulk wine imports by volume, with an average import price of €0.82 ($0.89) per liter. The primary wine-exporting nations to the USA by volume were Spain, Italy, and France. 

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