Wine Tariffs discussion

The Mexico tariffs never actually got signed. The Canada tariffs did get signed but did not go into effect. Shitty deal for everyone who is trying to do business as usual.

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Oregon will be good to great. As usual.

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We are pretty bummed as we just got into Quebec and were waiting for our first order from SAQ :cry:. Hopefully this whole thing is temporary but :woman_shrugging:t3:

We got proactive in the fall (and glad we did). When we heard about possible tariffs during the campaign, we placed our capsule order last September (our capsules are produced in France) and we locked in pricing. Day after the November election, we locked in our glass order (thankfully they had inventory in the US already).

Prices never came down on packaging after Covid and these tariffs are just a killer on small wineries.

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Hopefully, Karen and others, as we would also suffer from not having the product available, but I need to tell you that generally opinion is pretty united up here in terms of action-if-necessary, at least from what I’ve read and heard. Again, hoping reason prevails.

I think the LCBO goes back-and-forth with Costco as the single largest wine buyer in the world

No, the Raptors get booed at Raptors games :slight_smile: (well, actually, the fan base is very patient about that and unfailingly polite)

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It’s going to be interesting this fall at harvest time

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Bringing it back to the main topic . . . looks like it may be April before tariffs on European goods (and others), at least generally go into effect. (Though of course who really knows anything - it’s all unpredictable).

Trump is having Commerce/USTR study rates so he can set them reciprocally (i.e., same level tariffs on Europe as they set on us). https://www.wsj.com/economy/trade/trump-orders-federal-agencies-to-study-reciprocal-tariffs-9ce1475c . Study is due April 1, so may mean nothing new until then.

Meanwhile, the European tariffs on Whiskey are set to go back into effect on March 31. https://www.nytimes.com/2025/02/14/business/economy/whiskey-tariffs.html

The tariff plans are also supposed to take into account government subsidies, so if the French government or the EU give money to those struggling vignerons that will also be taken into account.

Depends on your definition of “wine”. :rofl: