The Supreme Court ruled 6–3 today that the Trump administration’s reciprocal tariffs imposed under IEEPA were unconstitutional. The case was brought by wine importer VOS Selections. The ruling could lower import costs for European wines in the US — good news for anyone buying Italian, Spanish, or French bottles — though Trump has called the ruling a ‘disgrace’ and claims he has a backup plan. Worth watching how this plays out for pricing. Via JancisRobinson.com. Read more