Italian Wine producers in Piedmont and Tuscany can breathe a sigh of relief, as one door is left ajar on premium & Vintage French wines, another door opens wide, making investing in the fine wines of Italy an opportunity you just can't ignore.
You can thank Donald Trump and his ongoing crusade to level the playing field with trade tariffs with other countries around the world. The US has now imposed a 25% tax on bottled wines from France, Spain, Germany and Britain, under 14% abv. This will forge a broadening of the wine market in 2020 with some new winners on the horizon.
