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Trump’s tariff plans could drive up US wine prices and hurt demand
Trump’s tariff plans could drive up US wine prices and hurt demand
  • Trump's proposed 20% tariff on EU goods is expected to increase the cost of imported wines and liquors.
  • US wine retailers fear revenue reductions, layoffs, and business closings due to decreased consumer spending.
  • European exporters anticipate a decline in US sales, and distributors are holding back shipments.
April 9, 2025

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