Trump, tariffs and trade agreement
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Proposed global trade agreements could have consequential trickle-down effects on Napa Valley wine producers, according to industry experts.
A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, industry experts warn.
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The preliminary deal imposes 15 percent tariffs on most E.U. goods, averts a trade war and leaves many details unresolved, including on wine and spirits. Here are industries on the line.
The United States and China appear to be moving toward extending a 90-day trade truce between the two countries, but President Trump must sign off.