How American wine industry will be impacted in China-US dispute?
China has suspended tariff concessions on 128 imports from the United States including pork, fruits and wines as of Monday. 120 products imported from the United States will be hit with 15% tariffs. 8 other products, including pork and its products, are going to be hit with a 25% tariff.
The US is China's 6th largest source for bottled wine imports. US wine exports to China grew by 10% last year, hitting $210 million.