US wine shops and importers say Trump's threatened 200% 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.
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.
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President Donald Trump threatened the EU—and French wine and champagne in particular—with a 200 percent tariff.
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