Wines – Charm – Daily News

Hold the Chianti: Tariff Threat Leaves Italian Bottles Grounded

Cs news3 months ago012 mins

All it took was an all-caps social media threat by President Trump to impose a 200 percent tariff on European wine for the shipments of many Brunellos, Chiantis and Proseccos to come to a shuddering halt. In Tuscany, Italy’s most famous wine-exporting region, thousands of bottles meant for American tables are stranded in the wineries’…

Wine Businesses Fear Disaster in Threat of Huge Tariffs

Cs news4 months ago4 months ago09 mins

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…