Independent TV
Showing now | Lifestyle

01:30
Why Donald Trump has made Americans stockpile Prosecco
It is the top-selling wine in the US, but why has President Donald Trump made Americans stockpile Prosecco?
US imports of Italian wine - 90 percent of that Prosecco - skyrocketed by 41 percent in November, following Trump’s election, AP reports - far exceeding consumer demand as importers filled the pipeline for future sales.
It appears American importers have been stockpiling as a hedge against the possible impact of tariffs threatened by Trump.
Lucio Miranda, president of Export USA consultancy group, said: “The technical terms of what is happening is front loading and this is something that is happening. We've seen it before during the first administration (Trump’s administration) when they announced extra duty rates. And we see it now.”
Up next

01:51
Gérard Mestrallet on the challenges of bringing infrastructure to the region of AlUla

02:07
Sir George Iacobescu, chairman of the Canary Wharf Group on the investment into the historic region of AlUla

02:00
Oliver Ripley of sustainable hotel group Habitas talks about how AlUla challenged his preconceptions of Saudi Arabia

02:09