Afternoon Brief: Tariffs Could Hit California Growers Hard
The proposed 200% tariff might have a paradoxical effect: it could encourage big US wineries to import more foreign bulk wine to replace wine made from California grapes. This is because of a tax loophole called a "duty drawback"...
Afternoon Brief: Tariffs Could Hit California Growers Hard
The proposed 200% tariff might have a paradoxical effect: it could encourage big US wineries to import more foreign bulk wine to replace wine made from California grapes. This is because of a tax loophole called a "duty drawback"...
Decision-making on the sourcing of bulk wine and grapes continues to get more complex and difficult. April frosts in the Lodi/Delta, and in other regions of California to a lesser extent, added another challenging variable to the year. As of now, it appears the reduction in supply due to the frost...
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