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Possible 100% Tariffs Loom Large Over U.S. Wine Industry

February 13, 2020

"Many distributors keep their lights on through their European portfolios," explains Erik Segelbaum, founder of Somlyay, a wine service and hospitality consulting company. "I know people who have been laid off. I know people who have laid people off. I know two businesses that have decided to close because, even with the 25% tariffs, they were facing bankruptcy"