Massachusetts wine company says 200% tariff would “cripple” business

In Methods, the owner of the Oz Wine Company, Andrew Bishop distributes fine liquor and spirits to hundreds of restaurants and liquor shops across the state. At least 75 % of the import and wholesale company comes from stock Europe where it works with many organic farmers and producers.

Threats of taxes

Now threats 200 % retaliation revenue These products will destroy its business. “It will eliminate it significantly,” Bishop told WBZ TV. “Maybe everything in my business really has to be reduced.”

It is the latest front of the World Trade War, which is going around. The inventory bishop can now continue for four or five months without tax. What is uncertain to tell your customers about future orders.

“We are currently making a placement for these businesses, but it is capable that if prices are enforced, we have to change our prices, we have to resume,” said Bishop.

Increase the price of the liquor store

The rise in prices will reach the liquor store like Devon in Waltham, which they will have to hand over to consumers. European wine is about 30 % of its business.

“We like to see indicators and we like to be prepared for what is going to happen,” said Joseph Devon. “Now, it’s just unknown.”

If the bottle of $ 55 to $ 60, for example, double the price or three times, the fear is that if the cost is very prohibited, it may disappear from the shelves.

“Now we have a good inventory, but if we were really light in the inventory, it would be difficult,” said Devon. “But it’s hard to know because if alcohol matters are doubled, we won’t buy them.”

Andrew Bishop says he will have no choice but to increase and expect one there. Bishop said, “I suspect 200 % will not be our reality, but I expect some kind of tariff line coming down.”

For now, he says he can only give a blow to unknown people.