Study of Wine Tariffs
A study from Duke's Department of Economics found that consumers paid more than the tariff cost on European wines during a 2019-21 trade dispute.
The study revealed that Americans paid higher costs than the federal government collected in tariff revenue.
Our findings contain both good and bad news for the American consumer.
This finding could have significant implications for U.S. consumers as a fresh wave of tariffs around the globe affects prices.
Author's summary: Study shows consumers pay more for wine due to tariffs.More News
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