China focuses on growing an internal wine industry to the detriment of Bordeaux. Distributors in West Virginia cry monopoly. Breaking down a wall in New Jersey reveals a windfall of Madeira and Trump’s trade policies threaten the success of bourbon. The news we’re thinking about here at SevenFifty Daily.

July 12, 2017
1. Forbes

China Cuts Down On Bordeaux Imports

Beginning with the 2016 vintage China will be cutting back on imports from Bordeaux by 50%. In turn they will be working to move through inventory of older vintages while also promoting wine produced in China.

4. The New York Times

Trump's Policies Could Impact The Bourbon Market

If President Trump imposes tariffs on steel imports the thing most affected in response could be bourbon. The European Union would likely impose a tariff on bourbon causing immediate financial burden for American producers.