Trump Threatens 200% Tariffs on French Wine
Trump Threatens Tariffs on French Wine
President Trump has threatened tariffs of up to 200% on French wine, impacting an industry reliant on imports. This could lead to increased prices, reduced consumer choice, and negative effects on restaurants and distributors, potentially reshaping both foreign and domestic wine markets.
Industry Experts Weigh In
Wine importer Victor Schwartz, US Wine Trade Alliance president Ben Aneff, and California grape grower Stuart Spencer have voiced concerns that such tariffs could severely disrupt the wine market, affecting prices and availability for consumers.
