Trump’s tariffs create uncertainty for NZ wine exporters

Trump’s tariffs create uncertainty for NZ wine exporters
Donald Trump raised the possibility of tariffs on agricultural products this week. (Image: Getty)
Riley Kennedy
The threat of tariffs in the United States is creating uncertainty for New Zealand’s wine producers, who are continuing to deal with clogged inventory levels in key markets.Indevin Group’s chief executive, Simon Limmer, believes it may still be a year or so before the market returns to balanced supply and demand.The sector has been under pressure for some time as retailers in key markets try to destock after building inventories during covid-19.That hasn’t been helped by consumers reining in their spending.'The smaller 202...

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