Why Donald Trump has made Americans stockpile Prosecco

Why Trump has made Americans stockpile ProseccoSource: AP

Transcript

00:00Do we survive without a glass of wine? Yes, we may survive. So wine is a pleasure, but

00:17everything has a price. So if the price would rise up, we do not know what percentage he

00:24is thinking about taxing our products. So it was quite natural for at the end of the

00:33year to do extra shipments. Also our importers, you know that in the United States there is

00:39a three tier system. So before you were able to ship the good into the States, the better it is.

00:46We're not really sure that we will see duty rates imposed on exports from the EU into the

01:03United States. We believe that the threat of duties are not so much to rebalance the trade

01:12situation of the United States, but rather as a negotiating tool to extract concessions

01:20from each individual country in the European Union.