America’s wine industry is grappling with significant hurdles as global tariffs tighten their grip on profits. In a bold retaliatory action, Canada has slapped extra duties on U.S. wines, intensifying a crisis that puts small vineyards and the entire sector at risk.
Trump’s proposed 20% tariff on European imports looms large over Italian wine exports, threatening to disrupt a key market. As U.S. consumers face higher prices, industry experts warn of potential long-term impacts on producers and the overall economy.
In a bold move, former President Donald Trump threatened to impose a staggering 200% tariff on French wine and champagne if he returns to office. This escalation in trade tensions raises concerns over the future of U.S.-France relations and global markets.
In a recent discussion, Max Quigley emphasized Grenache’s potential as a leading varietal in South Australia. He highlighted its adaptability to climate change and versatility in blending, positioning it as a key player for the region’s future in winemaking.
