Trump's 200% tariff threat would be 'a real disaster' for Europe's wine industry
French wine grower David Levasseur opens a bottle of champagne in his wine making facility in Cuchery, eastern France, Monday, March 17, 2025. (AP Photo/Thibault Camus)
CHAMPAGNE, France (AP) — Across wine country in France, Italy and Spain one number is top of mind: 200%.
That's because last week U.S. President Donald Trump threatened a tariff of that amount on European wine, Champagne and other spirits if the European Union went ahead with retaliatory tariffs on some U.S. products. The top wine producers in Europe could face crippling costs that would hit smaller wineries especially hard.
CONTINUE READING THIS ARTICLE
You have read all of your free articles this month. Select a plan below to start your subscription today.
Already a subscriber? Login
