Treasury Wine Sees Minimal Impact From US Tariffs

MT Newswires Live
04-03

Treasury Wine Estates (ASX:TWE) said it does not expect the US government's 10% tariff on imports from Australia and New Zealand to have a material impact on its business, according to a Thursday filing with the Australian bourse.

The company's Treasury Americas division generates about 15% of its revenue from Australian and New Zealand wines, with the rest coming from US-produced wines, the filing said.

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