Daily Archive: February 3, 2025
Trade Groups Urge Talks To End Tariffs
President Trump followed through Saturday on his threat to levy 25% tariffs on all goods from Mexico and Canada, with one exception being energy imports from Canada, which will face a 10% tariff. The drinks industry had hoped to gain a carve-out from the new tariffs, but those pleas were denied. Trump also said he intends to impose tariffs on the European Union looking ahead, in another move with significant implications for imported spirits and wine. On Monday, Trump paused the tariffs on Mexico for one month after an agreement with the Mexican government. Continue reading →
Posted in News on February 3, 2025News Briefs for February 3, 2025
- Portugal’s Esporão Group has added a new Reserva Red to its Monte Velho brand, imported to the U.S. by Hoboken, New Jersey-based Cultivamos, Inc. Continue reading →
