Counterintuitive, but: this will crush the US wine industry. Booze gets to market on distributors' trucks. These fleets need volume to run efficiently. Subtract EU wine from the equation & it no longer pencils out. Any gains from less competition would likely be paid back out in margin loss.
Reposted from
George Pearkes
Hope y'all have stockpiled your grand cru and brandy
Comments
a ton of Italian families are going to be PISSED as fine Italian wine is very popular.
the whole point of free trade is so people can buy what they want.
(France, Spain, Greece, Portugal and Italy play a sad theme over their premium wine)
(Ireland and Scotland cherish their Whisky)
(Germany and other beer makers nod)
Whatever will we dooooo
I guess they're scaared. Real sacaaared. 😉
When this is over they will have to be rebuilt from scratch and likely smaller in scale, as much of the past demand is never coming back.
Plenty of alternatives
but you are right when you shop in Italy France, Spain & Greece - where we go frequently you see very little New World wines
The UK is an outlier we have an eclectic selection IME
craft beer from Canada
Or in one part of the U.S. that you can in another. Grapes are incredibly sensitive to variations in soil and climate, which is why we HAVE wine regions
People, especially restaurants, import wines for reasons that have nothing to do with price.
And some things, like Retsina, are simply not made in the U.S.
There is NO American Champagne...
Champagne comes from Champagne
Champagne is in France
https://vinepair.com/wine-blog/loophole-california-champagne-legal/
Of course, could be he doesn’t care about the US economy at all, and is just working the system so he and his cronies can buy low and sell high.
I have to imagine a LOT of Italian families will be pissed if wines they have buying for generations they won't be able to get.
people like to buy what they want, that fat imbecile.
https://www.ctvnews.ca/vancouver/article/bc-pulling-all-us-alcohol-from-liquor-store-shelves/
Similarly, moving manufacturing to US will increase prices. They’ll scream “success!” when some factory opens up here instead of “there” but final product will cost more. Why do you think they’re making it “over there” anyways?
I need someone to take me to the liquor store!
No self-awareness at all. Like a Simpleton.
much of the difference in volume. There are only so many grapes.
Domaine Drouhin
Whatever
It’s almost like the economy is a mix of many factors and not just, what’s a good phrase to use…ceteris paribus.
Anyone who knows that phrase already understands points the we are making.
@zgeballe.bsky.social knows from wine, and he sees at least potential positive for US winemakers. Fair enough. There'd be a lot of variance depending on pricepoint, varietal, market, etc., but it's probably true that SOME US producers could net out.
Then if you do all that investment and the tariff eventually goes away, it ends up being a waste of money.
Most don’t have the cash on hand for 200% tariffs.
https://paulkrugman.substack.com/p/making-swe...
https://www.fas.usda.gov/data/commodities/wine-beer-and-spirits