Wine Businesses Fear Disaster in Threat of Huge Tariffs
Source: New York Times
It’s not clear who will benefit if President Trump follows through on his threat to impose 200 percent tariffs on all wines and alcoholic beverages from the European Union, but it certainly would not be American consumers.The tariff warning was posted by Mr. Trump on social media Thursday in retaliation to 50 percent tariffs on American whiskey and several other products announced by the European Union, which…
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