News

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 ...
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 ...
Trump tariffs live updates: Trump says he'll send letters to over 150 countries, plans tariff barrage Aug. 1
President Trump on Wednesday said he would be sending letters to over 150 countries as he plans a barrage of duties to take ...
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 ...
S&P, Nasdaq ease after report of Trump mulling tariffs against Europe
Wall Street's main indexes dipped on Friday, after a Financial Times report indicated U.S. President Donald Trump was pushing ...
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.
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 ...
Whiskey Once Again in EU’s Tariff Crosshairs
One of the European Union’s most reliable punching bags is shaped like a bottle of whiskey. The EU this week circulated to ...