News

‘30% is untenable’: From Irish whiskey to Italian cheese, Trump's tariff threat rattles EU exporters
European exporters say a 30% U.S. import tariff would drive prices unsustainably high and hammer their sales. While some ...
Trump's tariffs threaten to take the fizz out of champagne's crucial US market
The U.S. is the biggest market for champagne with 10% of champagne exports by volume and 15% by value and producers say the ...
U.S. alcohol stocks swoon as Trump's tariff threat raises fears of EU retaliation
Shares of U.S. spirits distillers slid in late trading amid reports that President Trump is pushing for a 15%–20% baseline ...
From bourbon to Bordeaux: Trump's tariffs spill into global booze markets
President Donald Trump's 30% tariffs on European Union goods could drive up costs across the world's alcohol trade. The EU is ...
EU offers Trump tit-for-tat car tariff cuts
The EU has reverted to offering the US tit-for-tat tariff reductions on cars, with negotiators abandoning the idea of a ...
Trump Trade Deal Deadline Looms. World Watches India, EU Talks After Brazil Hit.
While some evidence shows tariffs are pushing up prices for consumers, the economy appears to be mostly healthy.
EU trade chief heads to Washington in search of tariffs solution
EU trade chief Maros Sefcovic will head to Washington on Wednesday for tariff talks, an EU spokesperson told Reuters, adding ...
US Market: Wall Street wraps up a record-setting week with a quite finish amid news of 15% Trump's Tariff push on EU
Wall Street had a mixed finish, with the S&P 500 slightly down after an all-time high, while the Dow dropped 142 points. Trump is pushing for higher EU tariffs, causing market fluctuations. Consumer ...