Bloomberg says EU wine is still feeling the after effects of US tariffs, with duties having moved from 10% to 15% last year and price rises now feeding through at different speeds depending on region, grape and label. The broader significance is that this is no longer just a trade policy story, it is now a pricing and availability story for importers, merchants and drinkers, with retailers also experimenting with ways to source European bottles already inside the US in order to soften the blow.