US wine shops and importers say Trump’s threatened 200 percent tariff on European wines would kill demand
President Donald Trump on Thursday threatened a 200% tariff on European wine, Champagne and spirits if the European Union goes forward with a planned 50% tariff on American whiskey. Wine sellers and importers said a tariff of that size would essentially shut down the European wine business in the U.S.
The European Union announced retaliatory tariffs worth around $28 billion to match the “economic scope” of Trump’s tariffs.
The European Union wants to force the United States to the negotiating table with retaliatory tariffs on a range of American ...
European stocks and U.S. futures slipped on Thursday as investors turned their attention back to an escalating global trade ...
Update: The revised post reflects market movements as of 7.00am ET. London (UKX) +0.40% to 8,575. Germany (DAX:IND) +0.15% ...
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