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Dear Client: When thinking about how trade tariffs could or would affect the U.S. beer industry -- and the beverage alcohol industry at large -- you must take into account not only 1. tariffs the U.S. Treasury charges on imports, but 2. the retaliatory tariffs other countries will likely charge the makers of U.S. exported goods. The first affects the beer industry more, and the second affects spirits makers more, and both affect wineries coming and going. (Once again, poor