The wine world looks a little different now than it did in September, when the last 20 Under $20 column was published, and further radical changes may be on the way. That’s why this winter edition of 20 great values in red wine, all under $20 a bottle, may be a mural in watercolors, fated to fade quickly should an ill rain blow in. The source of the volatility is tariffs placed by the United States on certain European wines. The tariff is a result of a dispute with the European Union over subsidies it gives to Airbus, its largest airplane manufacturer. Because of a French tax on big technology companies, a similar tariff has been threatened solely on Champagne.

Source: New York Times January 30, 2020 16:18 UTC