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French, German Winemakers Take the Long View on Eve of New Tariffs

October 18, 2019

While apprehensive about the imposition of 25 percent tariffs on European wine by the United States that takes effect today, several members of the French and German wine trade are almost uniformly calm about the potential impact on their business. Their perspective has been honed by the American recession of a decade ago, which reminded them of an old lesson: Don't put all your eggs - or wine - in one basket