Way ahead of the pack. Average price for a Napa wine reaches $108, reserve tasting room fees at $128, average shopping basket at almost $500. Is Napa hitting the ceiling?
Jean Hoefliger, wine consultant, entrepreneur, founder of JH Wine Consultants, discusses French investments in U.S. wine industry, including the factors drawing French winemakers to Napa Valley, how rise of venture-backed startups has altered the winemaking landscape.
$20 billion of goods to china last year, 1.1 billion in pork products, china is the number 3 market by the way for u.s. pork and farmers along with the u.s. wine industry will face $3 billion in tariffs of china. so far the white house has not responded but in march president trump explained why the u.s. raised tariffs. i have tremendous respect for president xi but we have a trade deficit, it is the largest deficit of any country in the history of our world. it s out of control. just use the word reciprocal. if they charge us, we charge them the same thing. that s the way it s got to be. that s not the way it is, for many, many years, for many decades it has not been that way. so here we are and as the trade tensions between the u.s. and china appear to be heating up even more.