Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

Taiwan’s T-Dome missile shield plan has ‘critical flaws’, mainland Chinese report says

December 20, 2025

Is China’s Fujian gearing up for a dual aircraft carrier exercise?

December 20, 2025

Targeted jamming incident blinds GPS and BeiDou in east China’s Nanjing

December 20, 2025
Facebook X (Twitter) Instagram
Saturday, December 20
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Portuguese exporters and US winemakers cheer cork’s tariff-free status
Europe

Portuguese exporters and US winemakers cheer cork’s tariff-free status

adminBy adminSeptember 5, 2025No Comments6 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 49


RIO FRIO, Portugal (AP) — U.S. winemakers have something to celebrate: the corks they’re popping aren’t subject to tariffs.

Cork comes from the spongy bark of the cork oak tree, which is primarily grown and harvested in the Mediterranean basin. The framework trade agreement between the United States and the European Union singled out the material as an “unavailable natural product.” So as of Sept. 1, cork joined a handful of other items, including airplanes and generic pharmaceuticals, that are exempt from a 15% U.S. tariff on most EU products.

The cork carve-out was vital for Portugal. The European country is the world’s largest cork producer, accounting for about half of global production.

Portuguese diplomats lobbied for the exemption on both sides of the Atlantic. Patrick Spencer, the executive director of the U.S.-based Natural Cork Council, raced from Salem, Oregon, to Washington in June to explain cork’s origins to U.S. trade officials and to seek a tariff reprieve. The Wine Institute, which represents California vintners, said it also pushed for the special dispensation.

Spencer said he was thrilled when a summary of the U.S.-EU agreement released in August mentioned cork.

“It was a great day in our neighborhood,” said Spencer, a self-described “cork dork.”

More than cork

It’s unclear if cork is unique or if other natural products will be exempt from U.S. tariffs in future trade agreements. The U.S. Department of Commerce and the White House did not respond when The Associated Press asked about tariff exemptions.

It’s not even clear if the tariffs President Donald Trump put on imports from the EU’s 27 member nations and almost every country will remain. Late last month, a U.S. appeals court ruled that Trump had no right to impose his sweeping tariffs, although it left them in place while his administration appeals to the U.S. Supreme Court.

But if the tariffs stay in place, cork may signal other exemptions to come. U.S. Commerce Secretary Howard Lutnick indicated during a July interview with CNBC that natural products like mangoes or cocoa may be free from tariffs

U.S. dependence

The U.S. is the second-largest market for Portuguese cork after France. In 2023, the U.S. imported $241 million worth of cork from Portugal; just over 70% of it came in the form of stoppers for wine, spirits, olive oil, honey and other liquids, according to the Natural Cork Council, a trade group.

Cork has other applications, too. NASA and SpaceX have used it for thermal protection on rockets. Cork crumbles are also used as infill for sports fields and inserted into concrete on airport runways to help absorb the shock of plane landings.

Even though California has a similar climate to the Mediterranean, the U.S. has never developed a cork industry. There was an attempt to start one during World War II, and around 500 cork oaks from that period remain on the campus of the University of California, Davis.

But the effort evaporated when the war ended. The problem: it takes 25 years for a cork tree to produce its first bark for harvesting, and the initial yield typically isn’t high quality. After that, it takes the tree about nine years to grow new bark.

“Americans are not patient enough to wait for a tree that takes 25 years to give its first harvest,” said Antonio Amorim, the chairman and CEO of Portugal’s Corticeira Amorim, one of the world’s largest cork companies.

Cork harvesting is also an extremely specialized skill, since cutting into a tree the wrong way could kill it. Cork harvesters are the highest paid agricultural workers in Europe, Spencer said.

Harvesting by hand

Amorim, which exports cork to more than 100 countries, has more than 20 million cork trees spread over 700,000 hectares (1.7 million acres) of woodland.

On a recent day at Amorim’s Herdade de Rio Frio, a farm 40 kilometers (25 miles) southeast of Lisbon, crews zig-zagged across the thin, pale grass between scattered cork trees, kicking up dust.

The quiet woodland echoed with the gentle thud of the workers’ axes. They gently pierced the bark, feeling for the thickness of cork that could be peeled off without harming the trunk. The Portuguese have harvested cork this way for more than 200 years.

The tree bark came off in featherweight slabs that the workers, their hands black from the oaks’ natural tannins, tossed onto a flatbed truck. It would go to factories to be cut into strips and fed into a machine that punches out stoppers.

Once the trees were bare, a woman painted a white “5” on the orange-colored trunks, signaling they were stripped in 2025. Herdade de Rio Frio’s cork oaks, which are native to Portugal and can resist frequent droughts and scorching summer temperatures, were planted more than 100 years ago.

Stick a cork in it

Cork’s sustainable harvesting process and its biodegradability are two reasons many U.S. winemakers have returned to plugging bottles with it after experimenting with closures made of aluminum, plastic and glass. In 2010, 53% of premium U.S. wines used cork stoppers; by 2022, that had risen to 64.5%, according to the Natural Cork Council.

Cork taint, which gives wine a funky taste and is caused by a fungus in natural corks, was a big problem in the 1990s, and it pushed many vintners into aluminum screw caps and other closures, said Andrew Waterhouse, a chemist and director of the Robert Mondavi Institute of Wine and Food Science at the University of California, Davis.

The cork industry has largely solved that problem, Waterhouse said. In the meantime, the wine industry came up with new technology, like screw caps that can mimic cork in the amount of oxygen they let into a bottle over time.

Many wineries, including Trump Winery in Virginia, now use both screw caps and natural corks. Waterhouse said screw caps generally make more sense for a wine like rosé, which isn’t intended to age, while cork is the standard for aging wines.

“If you say, ‘Has this wine aged properly?,’ what you mean is, ‘Was it in a glass bottle with a cork seal in a cool cellar?’ Under any other conditions, it didn’t age the same,” Waterhouse said. “We’re always trapped by history.”

___

Durbin reported from Detroit.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Europe

The history of Christmas becoming a global holiday

December 20, 2025
Europe

Children’s author David Walliams denies inappropriate behavior after publisher drops him

December 20, 2025
Europe

Odesa port hit by Russian missile as US hosts a Russian envoy for talks

December 20, 2025
Europe

Prisoners freed by Belarus say their passports are taken away in a final ‘dirty trick’ by officials

December 20, 2025
Europe

Ukrainian artist creates a living record of invasion

December 20, 2025
Europe

What to know about the EU’s new $106 billion loan to Ukraine

December 19, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Fake and low-quality pesticides plague Punjab, Sindh, finds CCP report – Business & Finance

December 20, 2025

Pakistan’s Engro secures $475mn Islamic financing to expand telecom tower portfolio – Business & Finance

December 20, 2025

World Bank approves $700mn for Pakistan to strengthen macroeconomic stability – Business & Finance

December 20, 2025

Musk wins US court appeal of $56bn Tesla pay package – World

December 20, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • Taiwan’s T-Dome missile shield plan has ‘critical flaws’, mainland Chinese report says
  • Is China’s Fujian gearing up for a dual aircraft carrier exercise?
  • Targeted jamming incident blinds GPS and BeiDou in east China’s Nanjing
  • Fake and low-quality pesticides plague Punjab, Sindh, finds CCP report – Business & Finance
  • China’s ‘black flying’ drone dilemma: when tech advancement clashes with aviation safety

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

Taiwan’s T-Dome missile shield plan has ‘critical flaws’, mainland Chinese report says

December 20, 2025

Is China’s Fujian gearing up for a dual aircraft carrier exercise?

December 20, 2025

Targeted jamming incident blinds GPS and BeiDou in east China’s Nanjing

December 20, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • December 2025
  • November 2025
  • October 2025
  • September 2025
  • August 2025
  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • March 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.