Wine and trade wars
Listen now
Description
Wine exports from California's Napa Valley have dried up amid an intensifying US-China trade war. In some cases, prices have doubled, dealing a blow to an industry that has already seen young people shun wine for bourbon and beer. The BBC's Regan Morris speaks to third generation wine makers Michael and Stephanie Honig of Honig Vineyard & Winery, who say the trade spat has reduced their Chinese sales to zero. We also hear from Honore Comfort, Wine Institute vice president of international marketing, who says cultivating export markets will ensure the industry keeps growing. It's not all doom and gloom. Vivien Gay, Silver Oak Cellars director of international sales says it's been business as usual for high-end wine makers like hers. Picture: People toasting with red wine (Credit: Getty Images)
More Episodes
One of the world's top thinkers on artificial intelligence, tells us why we should be cautious but not terrified at the prospect of computers that can outsmart us. Professor Stuart Russell of the University of California, Berkeley, tells Ed Butler where he thinks we are going wrong in setting...
Published 11/13/19
Liesel Pritzker Simmons and her husband Ian Simmons are billionaires who come from successful US business families. Liesel's family is best known for founding Hyatt hotels. Both say the the US government should be collecting more tax from super-rich people like them. We asked them why. And Dr Ted...
Published 11/12/19
Should the richest be taxed out of existence? Manuela Saragosa hears from Emmanuel Saez, a US-based French economist advising US presidential hopeful Elizabeth Warren on a wealth tax targeting the super rich. The arguments against taxing billinaires more come from Chris Edwards, an economist at...
Published 11/11/19