New Zealand wine exports to the United States will be subject to a 10% tariff, following announcements by US President Donald Trump.
Delegat Group, which derives 52% of its export revenue from the US, acknowledged the impact of the new tariff on the wine industry.
The company's major brand, Oyster Bay, has a strong presence in the super premium category in the US market.
Delegat said it is working with New Zealand Wine Growers and its US distributors to understand the new tariff arrangements.
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