Why European Wine Could Get Pricier Under New US Tariffs
Bloomberg Television·2026-01-24 15:01
President Trump put prohibitive tariffs on European wine back on the agenda this week when he lashed out at President Macron for refusing to pony up $1 billion to join the Council for Peace he's putting together to rebuild Gaza. -Well, nobody wants him because he's going to be out of office very soon. So, you know, that's all right. What I'll do is, if they feel like hostile, I'll put a 200% tariff on his wines and champagnes, and he'll join. Westin: Stocks reacted dramatically, with shares of Paris-based l ...