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Trump shows the EU wine and spirits industries a potential 200% tariff threat

Donald Trump, the President of the United States, has voiced his intention to increase the tariff on wine and spirits imports from the European Union to 200%. This move comes in response to the EU’s imposition of a 50% tariff on bourbons, which was a reaction to Trump’s 25% tax on steel and aluminium imports. Additionally, Donatella Versace, the creative force behind the Italian fashion house Versace, has announced her departure as chief creative officer after a 30-year tenure.

Source: https://www.france24.com/en/tv-shows/business/20250313-trump-threatens-200-tariffs-on-eu-wine-and-spirits

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