Wine Talk: The Wine Tariff 2-Step

Wine Talk: The Wine Tariff 2-Step
With closeouts becoming more and more popular these days, closeout bins can be a bargain hunter's treasure chest—if you know what to look for.Kaband/Shutterstock
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The Office of the U.S. Trade Representative appears to be doing a dance around the issue of tariffs imposed on some European wines in October 2019. A 25 percent tariff was levied on some table wines from France, Germany, Spain, and the UK. It has been described as retaliation for illegal subsidies to Airbus about a decade ago.

Since then, the trade office has dangled the threat of increasing the tariff to 100 percent if the European Union refused to come to the negotiating table. If you enjoy French or Spanish wines, the impact of a 100 percent tariff would be devastating, of course.

Robert Whitley
Robert Whitley
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