LOS ANGELES — At Brentwood Fine Wines , sommelier Ferdinando "Ferdi" Mucerino stocks wines and spirits from all over the world. He says about 60% of his products are imports. Wines from France are currently among his bestsellers, not surprising since Italian and French wines are the most popular in the U.S.
But all foreign wines now have minimum tariffs of 10%. It's part of President Donald Trump’s plan to rebalance global trade.
"What he's trying to do, in my opinion, is equal that playing field by really charging the same tariffs that we're charged when our wine goes into those other countries," said Craig Ledbetter, a wine grape grower from Lodi, California.
While winemakers and sellers are grateful it wasn’t the 200% tariff the president had previously threatened, that’s not off t