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U.S. tariffs on foreign wine could have local impacts
Oct 23, 2019
(3NewsNow) - It may just be one of 2019's most hated words - tariffs. And this time, it's affecting the wine industry. The United States has placed a 25% tariff on foreign wines and other goods. Owner and winemaker Jim Ballard of the local winery, James Arthur Vineyards, says these tariffs will affect the domestic wine industry as well.
"These tariffs affect all the way down, trickle down. So it does affect us in many ways," he said.
According to Ballard, these tariffs will affect competition and business abroad.
"It just restricts that flow of wine going back and fourth," he said.
But this may also be a chance for the community to indulge in local wines.
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