President Trump has threatened a 200% tariff on European wine, Champagne, and spirits in response to the European Union’s planned tariff on American whiskey, potentially crippling the U.S. market for European alcohol. Wine sellers warn that such a steep tariff could halt European alcohol exports to the U.S., leading to significant economic repercussions for the industry.
US wine shops and importers say Trump’s threatened 200% tariff on European wines would kill demand
President Trump has threatened a 200% tariff on European wine, Champagne, and spirits in response to the European Union’s planned tariff on American whiskey, potentially crippling the U.S. market for European alcohol. Wine sellers warn that such a steep tariff could halt European alcohol exports to the U.S., leading to significant economic repercussions for the industry.