>>Virginia Businesses Worried About Alcohol Tariffs
(Portmouth, VA) -- Virginia businesses in the wine and spirits industry say they're worried about the current tariff war on imported alcohol. Rocio Rivera has details.Preview: A potential 200% tariff on alcohol imported from Europe has those in the drinking buiness in the state stressed. Last week, the Trump administration threatened to impose a tariff on wine, champagne, and spirits coming from Europe, if the EU goes through with a 50% tariff on American whiskey. And distillery owners and distribution centers in Virginia say this will hurt business and likely affect every bar and restaurant in the country. And they add if their costs increase to do business, the increase will likely hit their customers. The Trump administration argues that taxes on imports will boost the American economy and increase American-made products. I'm RR.
