- Tariffs so less international demand for US wine
reply- Canadian boycots of US products due to tariff wars
- Boomer wine buyers dying off
- younger generations drinking less overall and being less into wine
- everyone on GLP-1s drinking less
> - Tariffs so less international demand for US wine
replyWhy's this?
I feel like this is a trolling question. Demand for US exports has never been lower in recent history.
replyFeelings aside, I was just asking a question because I didn't understand the link.
replyCountries other than the US have, for reasons that you may choose to find mysterious, imposed tariffs on products exported from the US.
replyTariffs raise the consumer-visible price of those goods. This then, due to demand elasticity, causes consumers in those non-US countries to buy fewer of those products.
Some impact may be badwill as well but quite a bit is first-order impact of second-order tariffs.