Its worse than you think and prices may NOT come down as customs and excise wants to reduce it because importers always undervalue their imports significantly to avoid the current rates.........
Duty and Tax Burden for Wine
Countries
Tariff Rate
Effective Duty and Tax Burden
USA, France, Italy, Chile and other countries under WTO agreement
54%
390.46%
Australia
24%
294.92%
New Zealand
18%
275.81%