California – The California wine industry is bracing for significant financial losses after Canada imposed a 25% retaliatory tariff on U.S. wine imports.
The tariffs, which took effect in response to President Donald Trump’s new tariffs on Canadian and Mexican goods, have already led to Canadian stores removing U.S. wines from their shelves.
Stuart Spencer, Lodi wine commissioner, expressed deep concern, stating that the tariffs represent a “hard hit” for wine growers already struggling with declining consumption and wine oversupply. “They’re threatening to pull all the California wine off the shelves, which is going to have a significant impact on all California winegrowers,” Spencer said…