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Napa Needs a New Kind of Governance // Budbreak 2025 Arrives in Paso Robles a Week Later than 2024

April 1, 2025 - Wine Industry Insight Daily News Feed

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“A large majority of western Europeans support retaliatory tariffs against the US, a survey has suggested, if Donald Trump introduces sweeping import duties for major trading partners as expected this week. Many European firms are likely to be hit hard. Some, including Germany’s car manufacturers and France’s luxury goods firms and wine, champagne and spirits makers, rely on exports to the US for up to 20% of their income. [A YouGov survey found that] all seven countries favoured a tit-for-tat response despite the damage they expected US tariffs to do to their national economies, with 75% of Germans saying they expected “a lot” or “a fair amount” of impact.”

Source: The Guardian

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