Hold the Chianti: Tariff Threat Leaves Italian Bottles Grounded
For now, President Trump’s 200 percent tariff on wine remains just a threat. But jittery American wine importers have already hit pause on orders from Tuscany.
For now, President Trump’s 200 percent tariff on wine remains just a threat. But jittery American wine importers have already hit pause on orders from Tuscany.
The European trade commissioner said U.S. officials wanted to start negotiating only after a fresh set of Trump administration tariffs would take effect on April 2.
Liquor is leverage as the world careens toward another trade dispute. European tariffs on American whiskey snap back after March 31 unless an extension is granted.