Wine Prices Expected To Soar

Video Credit: Wochit News
Published on August 15, 2020 - Duration: 00:29s

Wine Prices Expected To Soar

Business Insider reports that wine could suddenly become more expensive.

This week US Trade Representatives said the 25% tariff on many European wines is staying in place.

Wine importers and retailers say the tariffs have unnecessarily hurt small American businesses.

Certain wines have already gone up in price, and it's likely Americans will have fewer bottles to choose from in the future.


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