Hold the Chianti: Tariff Threat Leaves Italian Bottles Grounded
Briefly

A social media threat from President Trump to impose a 200 percent tariff on European wine has effectively halted shipments from Italy’s Tuscany region. Thousands of wine bottles meant for American consumers are now stranded, with wineries like the Old Cellar in Montepulciano feeling the impact. While the tariffs are not yet implemented, anxious American importers are choosing to pause orders over fears of dramatically increased prices, potentially tripling cost on popular wines. Italy’s wine export market, primarily reliant on the U.S., stands to lose significantly if these tariffs are enforced.
President Trump's all-caps social media threat imposing a 200 percent tariff on European wine has halted shipments from Italy's Tuscany, leaving thousands of bottles stranded.
The potential $60 price tag on a previously $20 bottle due to tariffs is causing American importers to pause orders, impacting Italy's significant wine export market.
Italy, France, and Spain are particularly vulnerable to American tariffs on wine, with a looming 200 percent tariff that could devastate Italy's vital $2 billion wine export market.
For nearly 15 years, the United States has been the largest export market for Italian wines, with much at stake in the face of looming tariffs.
Read at www.nytimes.com
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