onlyTrustedInfo.comonlyTrustedInfo.comonlyTrustedInfo.com
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Reading: How a small, family-run wine company in New York hit back against Donald Trump’s tariffs
Share
onlyTrustedInfo.comonlyTrustedInfo.com
Font ResizerAa
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
Search
  • News
  • Finance
  • Sports
  • Life
  • Entertainment
  • Tech
  • Advertise
  • Advertise
© 2025 OnlyTrustedInfo.com . All Rights Reserved.
Finance

How a small, family-run wine company in New York hit back against Donald Trump’s tariffs

Last updated: May 29, 2025 6:36 am
OnlyTrustedInfo.com
Share
5 Min Read
How a small, family-run wine company in New York hit back against Donald Trump’s tariffs
SHARE

Behind the monumental court ruling that blocked most of US President Donald Trump’s tariffs is a small wine company run by a father-and-daughter duo.

VOS Selections – a small, New York-based wine company – was the lead plaintiff in the lawsuit which prompted a three-judge panel at the US Court of International Trade to strike down Trump’s sweeping global tariffs on Wednesday.

The decision found Trump overstepped his authority by invoking emergency economic powers to impose sweeping tariffs on China, Canada, Mexico and other US trading partners.

VOS founder Victor Schwartz never intended to be at the forefront of the resistance to US government policy.

“Put it this way: when I started VOS 40 years ago I had no idea that I was signing up for something like this, getting involved in a lawsuit against the executive branch of the United States,” Schwartz, who runs the business alongside his daughter Chloe, told CNN.

“I just wanted to bring in these delicious wines from interesting appellations across the world and sell those wines to a like-minded community.”

Schwartz was in the middle of cooking a pasta dinner Wednesday when he received an email from his lawyers telling him they had won. His first reaction? Disbelief. Then, his phone started ringing off the hook with media requests and messages of congratulations.

The Trump administration immediately launched an appeal against the ruling, which could make it all the way to the Supreme Court. If it survives the challenge, the ruling would put an end to almost all of Trump’s tariffs, and cut into his leverage when negotiating trade deals with other countries. Tariffs on autos, auto parts, steel and aluminum will continue because they were enacted under a different law.

White House spokesperson Kush Desai said in a statement that “it is not for unelected judges to decide how to properly address a national emergency.”

Tariffs an ‘existential threat’ to small businesses

The Trump administration’s tariffs have been particularly painful for small businesses, which have had to weather surging prices and constantly shifting trade policies without the level of cash flow that larger companies can dip into.

Schwartz said his business, which imports wine, sake and spirits from small-batch producers in countries including France, Lebanon and Japan, was hurt by Trump’s tariffs during the president’s first term.

“We’re not a big company. We can’t just ride out the storm,” Schwartz said.

This time around, when Trump announced unprecedented global tariffs on almost all US trading partners, Schwartz knew he had to fight back.

“Something like this is a complete monkey wrench in your business,” he said, describing the tariffs as an “existential threat.”

Schwartz was put in touch with lawyers at the libertarian advocacy group Liberty Justice Center, which filed the lawsuit on behalf of VOS and four other small businesses, including a women’s cycling apparel company and an online fishing tackle shop.

After some reflection and discussion with his family, Schwartz agreed to be the lead plaintiff in the case, the outcome of which will have implications for consumers and businesses around the world.

Jeffrey Schwab, lead attorney for the Liberty Justice Center, told CNN’s Kaitlan Collins “this is a very important case,” not just because of its economic impact, but “because of the tremendous power grab that the administration is claiming here.”

Schwartz said he is confident in his lawsuit and plans to see it all the way through to the Supreme Court, if necessary. He said the latest ruling is a win for small businesses everywhere.

“We knocked back the tariffs. It’s going to change the whole game plan,” he said, clearly elated.

As one would expect, Schwartz plans to celebrate with a nice bottle of wine.

For more CNN news and newsletters create an account at CNN.com

You Might Also Like

The stock market cheered Trump’s tariff setback. But the new reality may be more ‘uncertainty.’

Wall Street darlings Nvidia, Apple to go live on-chain through DigiFT tokenized fund

Is AGNC Investment Stock a Buy Now?

I’m a Mechanic: 5 Japanese Cars Recommended for Families in 2025

Daymond John: Why Buffett, Zuckerberg and Cuban Still ‘Go Hard’ — and You Should, Too

Share This Article
Facebook X Copy Link Print
Share
Previous Article White Sneakers Go With Everything, But Especially These 15 Crisp and Cool Summer Outfits White Sneakers Go With Everything, But Especially These 15 Crisp and Cool Summer Outfits
Next Article US and allies accuse North Korea and Russia of flagrantly violating UN sanctions in military deals US and allies accuse North Korea and Russia of flagrantly violating UN sanctions in military deals

Latest News

Prince Andrew’s Legal Peril Deepens: Transatlantic Probe Targets Giuffre Family
Entertainment July 11, 2026
Sofia Vergara’s Etro Dress: The Keyhole Cutout That’s Turning Heads on Italian Streets
Entertainment July 11, 2026
Rick Springfield at 76: How the ‘Jessie’s Girl’ Icon Redefined Aging in Rock with His Viral Physique
Entertainment July 11, 2026
Prince Harry and Meghan’s Children Reunite with King Charles: A Royal Family Milestone After Years of Tension
Entertainment July 11, 2026
//
  • About Us
  • Contact US
  • Privacy Policy
onlyTrustedInfo.comonlyTrustedInfo.com
© 2026 OnlyTrustedInfo.com . All Rights Reserved.