Afternoon Brief, February 3

by | Feb 3, 2025 | Uncategorized | 0 comments

By admin

Updated – US Pauses Tariffs on Canada, After Wineries in Both Nations Faced Trade Barriers: The U.S. and Canadian governments agreed to pause their tariff battle for one month. Canada had threatened 25 percent tariffs on American wine and spirits, and Ontario and British Columbia pulled California wines from stores…

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"If the 15% tariff on EU spirits and wines and the 10% tariff on UK spirits continues, the consequences will be severe. U.S. restaurants and bars, already battling rising costs and declining wine and spirits sales, will be hit with another blow that could trigger even...

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