US importers stockpile Italian Prosecco as a hedge against possible Trump tariffs

American importers have been stockpiling the popular Italian bubbly Prosecco as a hedge against the possible impact of tariffs threatened by President Donald Trump. Wine industry data shows that U.S. imports of Italian sparkling wine skyrocketed by 41% in November, after Trump’s election. That far exceeded consumer demand as importers filled the pipeline for future sales. Italian wines were not hit by tariffs during Trump’s first presidency, and no tariffs have been announced to date against European partners. Still Prosecco importers and distributors are taking action to protect their top global market.