Wine Connoisseurs Freeze Purchases Over Trump’s 200% Tariff Risk

Should US tariffs on European wines and spirits be enacted, they could make prized European bottles prohibitively expensive.

Photographer: Benjamin Girette/Bloomberg

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Wine enthusiast Steven Nordhoff typically spends about $25,000 a year adding to his 2,500-bottle collection, with Bruno Giacosa reds from Italy or Vilmart champagnes from France. But not now.