US tariffs on Australian wine could deal a major blow to entry-level exports, with the industry fearing prices will rise enough to risk a key market being swallowed up by bulk American wine.
The blanket 10 per cent tariff on all wine sent to the US - which is the nation's third-biggest export market - will have a profound impact on a sector still struggling after three years of Chinese tariffs, Taylors Wines managing director Mitchell Taylor said.
