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Barron’s Penta – U.S. Buyers Turn to Champagne and Italian Wines Amid Tariff Dispute

By December 18, 2020Press coverage

The U.S.’s decision to impose trade tariffs of 25% on still wines from France, Germany, Spain, and the U.K. in response to a longstanding aircraft subsidy dispute is changing the tastes of U.S. collectors.

Instead of buying pricey bottles of Bordeaux and Burgundy, collectors are searching out tariff-free top wines from Italy—including the Super Tuscans, as well as Barolo, Barbaresco, and Brunello di Montalcino—and from Champagne, according to data from Liv-ex, a London-based global marketplace for wine.

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