New Zealand’s wine industry is bracing for a challenging year as US tariffs threaten to curb demand in its largest market just as a strong 2025 harvest increases supply, according to the industry body.
“Growers and wineries are uncertain about the outlook for our sector,” New Zealand Winegrowers Chair Fabian Yukich said in the annual report released Monday in Wellington. “With exports comprising 90% of our sales, the industry is concerned by the slow global economy and weak wine markets in key export destinations.”
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