US wine shops and importers say Trump’s threatened 200% tariff on European wines would kill demand
The U.S. is suddenly looking less bubbly for European wines. 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.
US importers and retailers of EU wine warn of closures, layoffs from tariffs
U.S. importers, distributors and retailers selling French champagne and Italian wines told Reuters that U.S. President Donald Trump's threatened 200% tariff on European alcoholic drinks would hit them hard.
Wine Businesses Fear Disaster in Threat of Huge Tariffs
President Trump’s threat to impose 200 percent fees on European wines could harm importers, distributors, retailers and restaurants without necessarily helping U.S. producers.
Tariffs got you down? How to substitute European wines for American alternatives
Imported wine and spirits encompass 35% of revenue of all US sales in the alcohol market, meaning that all aspects of cocktails and wines ordered at restaurants or purchased at retailers will “rise significantly” if the tariffs go into effect.
EU winemakers fear hammering from Trump's 200% tariffs
European wine producers on Friday (March 14) expressed their concern after U.S. President Donald Trump threatened to slap a 200% tariff on wine and other alcohol from the European Union in response to the bloc's levies on U.
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
Trump threatens 200% tariff on European wine and Champagne
In a post to Truth Social, the social media company the president owns, Mr. Trump said the U.S. will retaliate against the European Union after it announced Wednesday that it would be increasing tariffs on U.
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