Trump Expands Trade Threats in Global Game of Chicken
Trade wars with allies could spiral as the president tries to get trading partners to back down from retaliation with new threats of his own.
Champagne (Wine)
Trump’s Tariff Threat Sends French Wine and Champagne Makers Reeling
Industry representatives warned that a 200 percent tax on European wines and spirits would halt shipments to the United States and wipe €4 billion off France’s trade balance.
Trump Threatens 200 Percent Tariff on Champagne and Wine From Europe
The president said he would impose the levies if the European Union does not walk back plans to place retaliatory tariffs on whiskey and other U.S. products.