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A wildfire burning in New Jersey on Tuesday forced some residents to evacuate and closed a stretch of a major highway. The ...
A local wine shop owner told KFOR Friday that they’re experiencing a lot of unknown at the moment, with a large majority of their sales coming from imported items. “We’re a little unsure as ...
The Trump administration announced new tariffs, including a 10% universal tariff on all U.S. trading partners and higher rates for some, such as 20% for the EU and 30% for South Africa, which will ...
Sales immediately shifted to imported wines. “It seems like people are weighing in with this stock-up mentality,” he said. “Customers are over-indexing with imported wine. They certainly are ...
Even though his shop is in Sonoma wine country, imported wines make up 75% of his inventory. So, additional tariffs would upend his business. “Basically, I would either have to increase prices ...
Well, it’s complex. It goes back to too much supply, not enough demand, non-tariff trade barriers hitting the wine industry especially hard, and a flood of imports. “A big issue now ...
SYRACUSE, N.Y. — The Trump Administration implemented tariffs on wine and liquor imported from Europe on Wednesday. These new tariffs will affect everyone from distributors to restaurants to ...
Now, as tariffs threaten to send import prices soaring, domestic wines might be poised to be a value alternative for many American consumers. But navigating the landscape of value in American ...