1 day ago · 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 ...

1 day ago · President Donald Trump on Thursday threatened to impose a massive tariff on European alcohol in response to the European Union’s retaliation against his steel and aluminum tariffs – a tit-for ...

1 day ago · More: Trump unleashes more tariff threats as trade war tensions mount: Live updates Trump replied Thursday in a Truth Social post criticizing the commission's announcement.

Stocks fell even deeper into the red Thursday on the trade war escalation. The S&P 500 fell into correction territory , down 10% from its all-time high that it hit just three weeks ago.

The escalating trade war is hurting the alcohol industry, which already struggles with strained consumer budgets, waning interest from Gen-Z, competition from other beverages and drugs, and ...

1 day ago · President Donald Trump on Thursday stood firm on his tariff policy, hours after threatening to escalate a global trade war with a 200% tariff on champagne and other alcohol products from the ...

1 day ago · The latest round of tit-for-tat tariffs is not the first time American alcohol producers have been impacted by a trade war. A new analysis by the center-right Tax Foundation shows American distillers lost hundreds of millions after tariffs imposed during Trump’s first presidency sparked 25% retaliatory levies from the EU and the United Kingdom.

1 day ago · U.S. President Donald Trump on Thursday threatened to slap a 200% tariff on wine, cognac and other alcohol imports from Europe, opening a new front in a global trade war that has roiled financial ...

1 day ago · Alcohol appears to be one of the earliest casualties of President Trump's trade war, one he escalated Thursday with a threat to impose massive levies on European wine and Champagne.. Why it matters: The alcohol industries may not have had the same influence in the tariff fight so far as automakers, but there's still billions of dollars in …

2 days ago · It's the latest escalation of a global trade war, which ramped up with 25% tariffs on all steel and aluminium entering the US ... Shares in some European alcohol producers have fallen after Trump ...