First various imported European wines under 14%. Now the US extends its 25% tariff to all French and German wines.
As someone who owns his share of businesses in the hospitality space, President Donald Trump might be expected to be sensitive to, let alone supportive of, the restaurant and wine industries. Yet one of Trump’s last acts as President has been deliberately and undeniably punitive to both.
Yes, I’m talking about the 30 December 2020 announcement that extended his October 2019 25% tariffs to French and German wines over 14% alcohol (not that there are many German wines over 14%...