Wine Businesses Fear Disaster in Threat of Huge Tariffs
President Trump’s threat to impose 200 percent fees on European wines could harm importers, distributors, retailers and restaurants without necessarily helping U.S. producers.
Read more at The New York Times
-
Wine Businesses Fear Disaster in Threat of Huge Tariffs
President Trump’s threat to impose 200 percent fees on European wines could harm importers, distributors, retailers and restaurants without necessarily helping U.S. producers.The New York Times - 2d -
House Republican: Trump is 'right over the target' with EU wine tariff threat
Rep. Warren Davidson (R-Ohio) applauded President Trump’s threat to put a 200 percent tariff on wine, Champagne and other alcohol imported from the European Union (EU) if the bloc does not remove a ...The Hill - 3d -
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.The New York Times - 3d -
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.The New York Times - 3d -
Trump, Ontario ease tariff threats
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Trump nixes plans for tariffs on Canadian steel President Trump scrapped plans ...The Hill - 5d -
Champagne and Parmigiano under threat from Trump’s tariffs
Producers warn Europe’s finest foods and wine could become unaffordable for ordinary US consumersFinancial Times - Mar. 10 -
Details on Trump's threat of 200% tariff on alcohol from European Union
The Dow lost more than 500 points Thursday and the Nasdaq dropped more than 300 as investors reacted to President Trump's threat to impose a 200% tariff on European Union exports of wine, ...CBS News - 2d -
Stocks Drop as Recession Fears Surface
The S&P skidded 2.7 percent, amid investor fears that tit-for-tat tariffs could raise prices, slow the economy and sow uncertainty among businesses.The New York Times - 6d -
Trump does not rule out recession as he rejects business fears over tariffs
US administration concedes some prices might rise as fears grow of trade chaos causing disruptionFinancial Times - Mar. 9 -
Trump threatens Europe with 200 percent tariff on wine, Champagne
President Trump on Thursday threatened to put a hefty 200 percent tariff on wine and Champagne coming in from Europe if the European Union (EU) does not remove a tariff on whisky. “The European ...The Hill - 3d -
New tariffs on U.S. wine industry are a "massive problem," says one wine trade group president
President Trump's trade battle with Canada is taking hold on U.S. alcohol suppliers. Last week, Canada imposed a 25% tariff on several U.S. products, including wine. That was in response to new ...CBS News - 3d -
Donald Trump threatens 200% tariff on EU wine and champagne
US president says levy on alcohol imports would be retaliation for ‘nasty’ 50% tariff imposed on bourbon whiskey. US politics live – latest updates Donald Trump has threatened a 200% ...The Guardian - 3d -
Trump’s Tariff Threats Are Driving Carmakers Crazy
Automakers looked forward to his return to the presidency, only to find themselves struggling under the weight of his tariff threats.The New York Times - 2d -
Fear of Trump’s Tariffs Ripples Through France’s Champagne Region
Merchants worried that a trade war could wreak financial havoc in a region that has a robust business exporting the world’s finest bubbly to the United States.The New York Times - 1d -
Trump threatens 200% tariff on E.U. wine and liquor
President Donald Trump threatened Thursday to impose 200% tariffs on alcohol from the European Union in response to the region's retaliatory 50% tariff on U.S. whiskey, further escalating tensions ...NBC News - 3d -
Trump threatens 200% tariff on European wine and Champagne
The president threatened to take retaliatory action in response to EU tariffs on U.S.-made whiskey.CBS News - 3d -
AI made its way to vineyards. Here's how the technology is helping make your wine
As AI continues to grow, experts say that the wine industry is proof that businesses can integrate the technology efficiently to supplement labor without displacing a workforceABC News - 6d -
AI made its way to vineyards. Here's how the technology is helping make your wine
As AI continues to grow, experts say that the wine industry is proof that businesses can integrate the technology efficiently to supplement labor without displacing a workforceABC News - 6d -
How One Oyster Business is Navigating Trump’s Tariff Limbo
The on and off 25 percent tariffs on imports from Canada are giving some businesses headaches.Inc. - Mar. 9 -
Trump’s Canadian tariffs are having a chilling effect on Vermont’s small business owners
The Green Mountain State's small businesses are getting caught in the tariff crossfire between the United States and Canada.CNBC - 1d -
Wall Street suffers ‘ugly’ sell-off amid US recession fears, as Musk’s Tesla falls 50% from all–time high – business live
Volatility soars and shares slide after Beijing imposes tariffs on imports of agricultural goods from America. Analysts at investment bank Jefferies remain optimistic about the prospects for the ...The Guardian - 6d -
Trump Threatens 200% Tariff on Champagne and Wine From Europe
The president said he would impose the levies if the European Union did not walk back plans to place retaliatory tariffs on whiskey and other U.S. products.The New York Times - 3d -
Stocks plunge, market closes down on recession fears amid escalating tariffs
The major stock indexes plunged on Monday amid fears of a possible recession.ABC News - 6d -
U.S. business owners respond to tariff war
President Trump on Thursday threatened to put a 200% tariff on European alcohol if the European Union puts a 50% import tax on American whisky in retaliation for his tariffs on steel and aluminum. ...CBS News - 3d -
Top shipping broker Clarksons says war and Trump tariff fears have hit revenues
Shares in FTSE 250 company fall by nearly a fifth as geopolitical turmoil pushes down freight rates. Business live – latest updates The world’s biggest ship broker has warned that geopolitical ...The Guardian - 6d -
Trump threatens 200% tariff on alcohol from EU
Wine and spirits will be taxed, Trump says, if the EU does not remove tariffs on US whiskey.BBC News - 3d -
Trump doubles down on tariffs threat amid market downturn
President Trump is doubling down on his widespread tariffs threats despite a stock market downturn that has helped fuel anxiety the nation could slide into a recession. Trump escalated the tit for ...The Hill - 5d -
Trump tariff threats are pushing Canada's largest oil producer to break its dependence on the U.S.
Alberta Premier Danielle Smith said the oil-producing region could look beyond the U.S. for customers if Trump's tariff threats create uncertainty.CNBC - 3d -
Big Company CEOs Join Small Businesses, as Economic Confidence Wanes Amid Tariffs
A new survey of Business Roundtable CEOs mirrors earlier drops in small-business confidence.Inc. - 3d -
Canadians deal with tariff threats amid Trudeau successor battle
As President Trump threatens tariffs on the Canadian dairy and lumber industry — while holding off on broader tariffs on goods covered under the USMCA until April — Canadians are also dealing with ...CBS News - Mar. 9 -
Can Trump's tariff threats have an economic impact before they're imposed?
President Trump is threatening to put new tariffs on European alcohol. Meanwhile, Commerce Secretary Howard Lutnick held talks with Canada's finance minister and Ontario's premiere on the tariff ...CBS News - 3d -
Noem aware Mexican, Canadian leaders have own 'political environments,' but Trump 'means business' on tariffs
Department of Homeland Security Secretary Kristi Noem said on Sunday that she knows Mexican and Canadian leaders have their own “political environments” but that President Trump “means business” on ...The Hill - Mar. 9 -
This American winemaker doesn’t like Trump’s tariffs — but its stock is climbing
Willamette Valley Vineyards founder Jim Bernau said uncertainty caused by Trump’s tariffs is making consumers spend less and has destabilized the U.S. wine industry.MarketWatch - 3d -
Eye Opener: Markets plummet over recession fears
Markets plummet over recession fears amid President Trump's chaotic tariff wars with our biggest trading partners. Also, a judge blocks the Trump administration's deportation of a pro-Palestinian ...CBS News - 5d -
Trump rejects pleas from business for more clarity on tariffs: 'They always say that'
Trump and his aides warned amid the tariff controversy that Americans could be in store for some temporary economic strain — including higher prices.CNBC - 6d -
'Volatility and conflict’: Business leaders sound warnings over Trump's tariffs
Ray Dalio warned of "fighting" between countries over tariffs, while Marc Benioff said reciprocity needs to be consistent or risk "volatility and conflict."CNBC - 4d -
Small Businesses Still Struggle to Hire, Despite Rising Recession Fears
The NFIB’s monthly poll of entrepreneurs lists recruitment problems, inflation, and the general outlook for economic growth as leading concerns.Inc. - 5d -
Businesses bemoan Indian ‘tax terrorism’ and red tape
Officials vow to cut bureaucracy and fiscal burden amid fears they could hurt investmentFinancial Times - Mar. 9 -
Dick's Sporting Goods is latest retailer to forecast rocky 2025 as recession fears swirl
Dick's Sporting Goods issued weak guidance for 2025 as consumers contend with tariffs, persistent inflation and fears around a potential recession.CNBC - 5d
More from The New York Times
-
Trump’s Moves Are Boosting Stocks … Overseas
For years, the S&P 500 soared above the stock indexes of other countries. But since Trump’s inauguration, it has fallen 6 percent and is now trailing major markets in Europe and China.The New York Times - 16h -
How Some Investors Are Protecting Their Money Amid Stock Market Woes
Some people are shifting their investment strategies as the stock market sours on President Trump, despite advice to maintain their savings and wait out the angst.The New York Times - 17h -
Can Trump and Musk Convince More Conservatives to Buy Teslas?
President Trump rallied support for Elon Musk’s car company, but there may not be enough conservatives willing to buy electric cars to make up for the Democrats who now shun Teslas.The New York Times - 23h -
China Outlines Plan to Bolster Consumption in Face of Trump Tariffs
Beijing’s leaders are ordering fiscally strapped local governments to spend more to help workers, consumers and businesses.The New York Times - 5h -
Fear of Trump’s Tariffs Ripples Through France’s Champagne Region
Merchants worried that a trade war could wreak financial havoc in a region that has a robust business exporting the world’s finest bubbly to the United States.The New York Times - 1d
More in Business
-
Telcos race to transition from 'dumb pipes' to tech players with help from AI
Telcos are talking up efforts to transform themselves into tech players, touting advances in AI, 5G and 6G networks, satellite internet and even smart cities.CNBC - 1h -
Forever 21 Operator Files for Bankruptcy
The company, which helped popularize fast fashion in the United States, has struggled to compete with online retailers. It is the company’s second bankruptcy filing in six years.The New York Times - 2h -
Trump plans Tuesday talks with Putin on Russia-Ukraine war
US president says ‘a lot of work’ has been done over weekend towards ceasefire dealFinancial Times - 3h -
Trump plans Tuesday talks with Putin on Russia-Ukraine war
US president says ‘a lot of work’ has been done over weekend towards ceasefire dealFinancial Times - 3h -
The Democrats must make a choice
If they want to fight Trump, they have to know what they stand forFinancial Times - 3h