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US Wine Sellers Left In Limbo Despite EU Tariff Deal

Wine Sellers Left
International Business Times Fews App News Provider
Fews App Post Time Hace 9h

Michael Warner, co-founder of wine boutique DCanter, said importers and distributors have raised costs of foreign wines since June AFP At a wine shop in Washington's Capitol Hill neighborhood, bottles sourced from Europe are becoming costlier to import -- and soon, pricier for customers to buy, the owner says -- thanks to a resident just down the road in the White House. President Donald Trump has slapped a 15-percent tariff on many goods coming from the European Union, as part of a deal the bloc negotiated to avoid even steeper levies. The continent's important wine and spirits industry hoped to have a carveout, but details released Thursday showed no exemption to the double-digit duty.

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