Corks Avoid Trump's Tariffs, Boosting U.S. Wine Industry

Reported about 5 hours ago

The corks used in U.S. wine bottles have been exempted from Trump's tariffs on EU imports, a move that benefits American winemakers. The exemption, granted due to cork’s status as an 'unavailable natural product', is particularly significant for Portugal, the largest cork producer worldwide. This allows U.S. wineries to continue using cork, which is favored for its sustainability and performance in aging wines. The exemption highlights the unique nature of cork in trade relations and could indicate future tariff exemptions for other natural products.

Source: YAHOO

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