Business and Economic News

Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tax

bottles of wine on display
Bottles of French wines are for sale at a wine dealer shop as President Donald Trump threatened a 200 percent tariff on European wine, Champagne and spirits if the European Union goes forward with a planned tariff on American whiskey, Thursday, in Ville d'Avray, outside Paris.
Christophe Ena | AP