Wine Industry Faces Tariffs
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wine industryABC News
•Business
Business & Economics
US winemakers anticipate cost increase due to Trump tariffs
74% Informative
President Donald Trump has threatened to impose a 200% tariff on all European wine and alcohol on April 2 .
The U.S. imports around $5.4 billion dollars in wine from the European Union and generates more than $24.5 billion dollars for the economy.
Trump has said these tariffs would bring more jobs to the United States .
Winemaker Kristina Filippi said the trade war leads to uncertainty and even threatens to snarl the supply chain.
VR Score
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English
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40
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