European wine and spirits will face a 15% U.S. import tariff until a different deal is agreed in talks expected to continue in the autumn, the European Commission and EU diplomats said on Thursday, dashing producers' hopes of an immediate reprieve.

Wines from France and Italy will be affected by the new 15% U.S. tariff on European Union imports. A bottle of wine that cost $11.50 in the US, will now cost up to $15 once the trade tariff kicks in, and that’s on the lower end of the scale, with some wines costing $30 and up, and will also see the price increase.