Published: Mar 17, 2025, 05:10 IST | Updated: Mar 17, 2025, 05:10 IST
For all the French champagne lovers in the US, brace yourselves—a 200% tariff on European wine and spirits could soon leave your glasses empty. U.S. President Donald Trump has threatened heavy tariffs on French champagne and other EU alcoholic beverages after the European Union imposed a 50% tariff on American bourbon.