According to a joint statement, both sides will suspend 24 percentage points of the additional ad valorem tariff rates they had imposed on each other’s goods, initially for 90 days In a significant move aimed at easing tensions and revitalising bilateral ties, the United States and China have jointly announced[Read More…]
Tag: United States
EU approves €5 Bn French scheme to facilitate export of wines to US
The new measure aims to enable exporters of wines and spirits to export to the US through this reinsurance mechanism The European Commission has approved a €5 billion French reinsurance scheme for export credit to the United States under EU State aid rules. This scheme will be in effect from[Read More…]
UNLIMEAT rolls out bold Korean plant-based meats at Kroger
Founded in Seoul, UNLIMEAT is rooted in sustainability and culinary innovation Korean cuisine is experiencing unprecedented growth across the United States. According to a September 2024 report by Circana, a leading consumer behaviour analytics firm, Korean restaurant locations in the U.S. increased by 10 per cent over the past year. In a historic milestone,[Read More…]
Australian wine exports rebound on China reopening, but global markets remain fragile
The disconnect between value and volume growth reflects a sharp uplift in the average export value, which climbed 33 per cent to $4.09 per litre FOB, the highest in nearly two decades Australian wine exports have rebounded strongly in the 12 months ending March 2025, largely driven by renewed access[Read More…]
Australian wine exports to China exceed $ 1 Bn one year after removal of tariffs
The average value of exports increased by 33 per cent to $4.09 per litre free on board (FOB), the highest average value in almost two decades In the 12 months ended March 2025, Australian wine exports increased by 41 per cent in value to $2.64 billion and by 6 per[Read More…]
Huhtamaki acquires Zellwin Farms Company
The transaction will benefit Huhtamaki with additional capacity and capabilities in moulded fibre packaging Huhtamaki has acquired Zellwin Farms, a privately owned business located in Zellwood, Florida, in the United States. The $18 million enterprise value transaction will support Huhtamaki’s growth within the moulded fibre industry, specifically for egg cartons[Read More…]
US tariffs pressure Australian wine exports but China market booms
Australian wine producers are demonstrating resilience through diversified global growth and proactive marketing initiatives As the United States enforces a 10 per cent tariff on all Australian goods, including wine, the Australian wine industry is taking proactive steps to navigate the challenge. Wine Australia, the country’s national wine marketing and[Read More…]
Cometeer introduces Proud Mary as flash-frozen coffee partner
This collaboration will feature three of Proud Mary’s coffees, now available in Cometeer’s convenient, single-serve frozen format Cometeer, the innovator behind freshly brewed, flash-frozen coffee that delivers premium-quality coffee in a convenient, time-saving format, announces a new partnership with Proud Mary, a celebrated Australia- and United States-based high-end coffee roaster. This collaboration will[Read More…]
SPYRT Worldwide announces distribution partnerships for SHABO Winery, Hetman and Ukrainian Spirit Vodkas
The company’s vision of forging these connections between the two countries also focuses on empowering the people of Ukraine SPYRT Worldwide, visionary leader in importing top wines and vodkas from the Ukraine into the United States, announced an expansion into new markets through distribution partnerships on the East Coast, Well Crafted Wine & Beverage Co. will now distribute SHABO wines[Read More…]
Colombian brand Juan Valdez plans to expand in United States
The company aims to continue attracting local consumers as part of this strategy According to its positioning strategy in North America and with the support of key partners, Juan Valdez, the brand that represents Colombian coffee growers, continues its expansion plan across the United States. The goal is to reach more locations, attract new consumers with[Read More…]
