Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business

Trump's Champagne Threat Brings Fear And Denial To French Region

Trump has threatened to impose 200 percent tariffs on wine, champagne and alcoholic products from European Union countries (Credit: AFP)

US President Donald Trump's threat of 200-percent tariffs on wine, champagne and other alcoholic drinks from EU countries is proving hard to swallow in France's champagne region.

The move, announced in retaliation for the European Union's planned levies on American-made whiskey, would triple the price of even an entry-level bottle of champagne for US consumers to around $150, enough to make even well-off customers think twice.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.