European wine is getting caught in a decades old trade dispute. But tariffs on imported wines from France, Germany, or Spain are a lose-lose for the U.S. wine industry. European winemakers may just shift their exports to avoid U.S. tariff pain and grow their market share in emerging economies like China.
Education ranked fifth among all U.S. services exports in 2018. But now travel restrictions due to COVID-19 leaves international students questioning whether to pursue studies abroad or rely on virtual education.