President Trump vows 200% tariff on EU wine and champagne, escalating trade tensions
The president in a social media post on Thursday said that he would move forward with the import duties if Brussels follows ...
European Alcohol Stocks Fall After Trump Threatens 200% Tariffs
Shares in European drinks companies fell, after President Trump threatened to impose 200% tariffs on alcohol imports from the ...
Trump's 200% tariff threat on EU wine, alcohol could 'essentially eliminate' the products from the US
Imported wine, champagne, and other alcoholic products from the European Union are the latest targets of President Trump's tariff threats. On Thursday morning, President Trump posted on Truth Social ...
Trump’s 200% Tariff Threat Puts European Wine & Spirits on the Rocks
In another tariff battle, U.S. President Donald Trump warned he might impose a 200% tariff on alcohol from France and other European countries ...
European drink makers fall as Trump returns to a favorite target
Shares of Pernod Ricard SA, Remy Cointreau SA and LVMH, the maker of Dom Perignon Champagne and Hennessy Cognac, fell ...
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Stock markets tumble as Trump targets booze
Shares in luxury giant LVMH, which owns several champagne houses including Dom Perignon and Hennessy cognac, slid 1.1 percent ...