Friday, January 29, 2010

Schumer: Wine Sales Threatened by Canadian Tariff

(Business Week – Michael Gormley, The Associated Press)

A federal proposal threatens the exporting of wine from states including New York, while separate talks could greatly boost sales to Canada, U.S. Sen. Charles Schumer said Wednesday.

Each separate but related issue could affect wine exports from New York, California, Washington, Oregon, Michigan and other wine-producing states.

The New York Democrat is seeking to block the proposed repeal of a measure that allowed American wineries to be compensated for other countries’ tariffs. Read more here.