alt Hacker NewsThat seems odd since the EU lowered tariffs on US ag products. They also took back some previous retaliatory tariffs that were in place.
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Question: what is the ratio of US wine imported into the EU vs US wine imported into Canada, by dollar value?
Question: what is the percentage increase in tariff amounts on wine between the pre- and post-USMCA state of play between the US and Canada?
Sometimes seeing why something has happened requires considering wider context, which is why it's usually good for a nation to ensure primary education includes solid economics, history, media literacy, etc curricula.
I’m in the US, and won’t buy booze from red states. I’m really getting to know our local (and also Scottish / Irish) distilleries.
I don’t imagine I’d buy any American imports if I was overseas.
In 2024 (pre-trade-war), the US exported $168M of wine to the EU and $460M to Canada. Any recovery in wine exports to the EU won’t make up for Canadian boycotts.