Tariffs & Climate: Wine Prices Soar, Selection Shrinks

This Thanksgiving, wine enthusiasts may face challenges due to rising prices and limited options. Tariffs on imported wines, inflation, and production costs are driving up prices, with some shops seeing increases of up to twelve percent. Importers are also feeling the pinch, with sales down thirteen percent and a shift towards spirits and canned cocktails. Domestic wines, which tariffs were meant to help, arent seeing better sales. Shops are adapting by focusing on tariff-exempt spirits like tequila and mezcal, and consumers may need to search harder for specific brands this holiday season.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.