US booze importers are canceling shipments from Europe — and bracing for potentially devastating losses — as President Trump threatens tariffs as high as 200% that could go into effect next month.
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US booze importers cancel European wine shipments -- and brace for devastating losses -- as Trump tariffs loom - New York Post
A 200% tariff would spark a tax bill of $500,000 for Grassroots Wine, a family-run business whose clients include stores and restaurants in South Carolina and Alabama.
By:Lisa Fickenscher
Source:New York Post
Published:
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