U.S. Consumers Paid More Than the Tariff Cost on European Wines
North Carolina , 27th October
A study from Duke University’s Department of Economics found that U.S. consumers ultimately paid more than the tariff amount on European wines during the 2019–2021 trade dispute. This means American consumers bore higher costs than the federal government collected in tariff revenue.
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Will the US Stick with Its 200% Tariffs on EU Wine – and What Does It Mean for Natural Wine?
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