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American consumers are likely to see fewer choices on the shelves, and small producers may be the hardest hit.
The Trump Administration has said it will institute a 20% tariff on goods from the European Union, which would cause the price of a bottle of wine to surge past what a casual customer would pay.
Trump hit Europe with 20% tariffs, but a Virginia wholesaler says Americans could see 30% price hikes on some wines, and even U.S. producers face higher costs.
Last week’s earth-shattering installment of tariffs by President Donald Trump has stunned the world, sending Wall Street ...