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Analysis: Wine Institute Opposes Truth In Labeling Bill // Sycamore sells Knight’s Gambit Vineyard in Dundee Hills

April 10, 2026 - Wine Industry Insight Daily News Feed

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“A recent study published by the National Bureau of Economic Research tracked how tariffs impact producers, importers, distributors, and consumers. To do that, the paper's five authors tracked a single bottle of imported wine as it moved through the global supply chain…What they found is that foreign producers absorb some of the cost of a tariff by reducing prices. However, the researchers found that consumers ended up paying higher prices anyway.”

Source: Reason.com

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