US wine industry urges President-elect Trump to exempt them from potential EU tariffs.

US wine merchants and restaurateurs are urging President-elect Donald Trump to exclude their industry from potential tariffs on EU imports. Trump previously imposed a 25% tariff on European goods in 2019, which were later suspended. The wine trade fears that a 10% universal tariff could raise consumer prices and hurt small businesses. The US Wine Trade Alliance warns that targeting wine imports could be "crippling" to many businesses.

December 01, 2024
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