12 Hrs
Source:
Los Angeles Times
Canada's boycott pressures California winery sale
The McManis Family Vineyards, a large family-owned winery in California, is for sale due to financial struggles caused by a decline in U.S. exports to Canada, which has imposed a boycott of American wines in response to tariffs. The sale includes 3,500 acres of land and facilities, with the winery's capacity and sales severely impacted, especially after exports to Canada dropped by about 74,000 cases. The broader California wine industry is experiencing significant declines in exports and revenue, with many wineries facing layoffs and closures amid declining demand and trade tensions between the U.S. and Canada.
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