News Summary

• A new report on the U.S. wine industry has revealed that its economic impact has reached $323.55 billion.
• Wine is produced in all 50 states by 10,761 wineries, of which the majority are small family-owned businesses.
• Jim Trezise, President of Wine America, said tariffs are typically bad for wine, especially small wineries.summarize in 5 sentences: “Wine is a tasteful economic engine that generates billions to the US economy”