Source: International Business Times
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.
Go to Source
Related News
