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, June 6
The Logic in Henkell Freixenet’s Interest in Pommery – And Why It Could Presage More Wine M&A: Maison Pommery & Associés is an attractive target for Henkell Freixenet – and a deal may not be the only big corporate move in wine on the horizon…

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