Subscribe:

Apr 8, 2025

Uh oh, Pinot: How tariffs will impact the U.S. wine economy

U.S. wineries and wine shops are bracing for a financial hit from President Donald Trump's tariffs.

What's going on in the bond market?
by David Brancaccio
After the U.S. Treasury Secretary Scott Bessent appeared on TV stressing that tariffs are leading to negotiations, it was a hint that some of President Trump's import taxes may not persist in the fullness of time. Stocks then surged higher. Conversely, bonds that had been riding higher as stocks plummeted. Let's discuss with Jeffrey Cleveland, chief economist at Payden and Riegle.
Cuts to humanitarian aid could be "a death sentence for millions"
by Nancy Marshall-Genzer
Farmers, other producers and shippers of U.S. humanitarian aid are holding a rally on Capitol Hill today. This comes as the Trump administration cut more than $1 billion worth of programs aimed at saving lives, including emergency food aid. This is assistance the administration had promised to protect.
U.S. wine businesses are bracing for tariffs — and even domestic wineries are affected
by Tina Caputo
Tina Caputo
Additional taxes on European wines and winemaking supplies will challenge American businesses that sell EU wines — and domestic wineries that buy bottles or barrels from abroad.