Month in wine
Tentative hopes for US wine tariff easing
Global trade tension has continued to loom over wine shipments in 2020, but in the US there was speculation that a Joe Biden-led administration might reverse tariff hikes on European wines that, according to some retailers, have driven up prices.
Wine has found itself in the middle of fraught trade relations this year, from negotiations over Brexit to China’s anti-dumping probes into Australian wine.
Two of the most high-profile disputes, however, have been between the EU and US over subsidies paid to Airbus and Boeing respectively. The US imposed $7.5bn of retaliatory tariffs
