How new U.S. tariffs on the EU and U.K. could affect the cost of booze

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Your glass of French or Italian wine could get pricier as soon as next week, with a new 15% U.S. tariff on European Union imports set to kick in on Aug. 1. The same goes for popular brands of whisky, cognac and other spirits, many of which are made in Europe. 

Harry Root, owner of Grassroots Wine, in Charleston, South Carolina, which distributes domestic and imported wines to restaurants and retailers, said the new levies on goods from the 27-country EU will leave him no choice but to raise prices for his clients, which he said are likely to…



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