New York wine retailer Chris Leon has a novel strategy to avoid the steep tariffs that have ‌been slapped on imported wines from France and Italy under U.S. President Donald Trump: raiding American wine cellars for bottles already in the country.
 

Tariff Watch

Tariff Watch

Stay ahead of global tariff news with the day's latest headlines from Reuters.

 

A New York vintner raids US wine cellars to skirt Trump's tariffs  

 

India allows export zones to sell locally as trade strains grow 

 

China's factory activity expands but price pressures intensify, private PMI shows 

 

South Korea chip boom powers export growth to four-decade high 

 

US warns Americans in Saudi Arabia to shelter in place after threats 

 

US customs agency says tariff refund system progressing, but payments may take up to 45 days 

 

WTO cannot address trade imbalances, but US not ready to exit, Greer says 

 

Unlike 2022, central banks to diverge if energy shock deepens 

 

Pandora opens distribution centre in Canada to reduce US tariff impact 

 

German institutes cut 2026, 2027 growth forecasts, raise inflation outlook, sources say 

 

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