New tariffs on U.S. wine industry are a "massive problem," says one wine trade group president
President Trump's trade battle with Canada is taking hold on U.S. alcohol suppliers. Last week, Canada imposed a 25% tariff on several U.S. products, including wine. That was in response to new tariffs from the U.
Bourbon industry in crosshairs of U.S.-Canada trade war
Stores in Canada have been removing U.S.-made bourbon from their shelves in retaliation for stiff tariffs placed on the nation's goods.
Trump threatens tariffs on European wine and spirits in escalating trade war
By David Lawder, Philip Blenkinsop and Andy Sullivan WASHINGTON (Reuters) -U.S. President Donald Trump on Thursday threatened to slap a 200% tariff on wine, cognac and other alcohol imports from Europe,
Canada retaliates with tariffs worth $21 billion amid trade war with Trump
Canada announced a slew of new tariffs on U.S. imports Wednesday amid an escalating trade war with President Donald Trump. Trump’s 25% tariffs on Canadian and Mexican goods went into effect last week,
President Trump threatens additional tariffs on Canada, European Union
The trade war is escalating as President Trump says he may impose additional tariffs on Canada and the EU. Canada has put 25% reciprocal tariffs on nearly $21 billion worth of American imports, while the EU is preparing to levy 25% tariffs on about $28 billion worth of U.
Trump threatens 200% wine tariff if EU does not remove whiskey tariff
U.S. President Donald Trump said on Thursday that he would put a 200% wine tariff on all wines and other alcoholic products coming out of the European Union if the bloc did not remove its tariff on whiskey.
Trade war turmoil topples Canada’s main financial market from its all-time high
Trade war turmoil is weighing heavily on financial markets in Canada. Canada’s main stock index has been tumbling along with ...
North America coffee industry seeks answers amid trade war
North American coffee market participants are seeking clarity on how the trade war started by the administration of U.S.
Volkswagen and BMW navigate tariffs, ready back-up plans amid trade policy changes
The American auto industry is working out how to adjust supply chains if the trade war continues, a potentially expensive ...
Tariff Ticker: EU, Canada Slap US With Retaliatory Duties, Industry Urges ‘Extreme Caution’ in Escalating Trade Wars
The European Union and Canada have made it clear they’re tired of President Donald Trump’s interminable tariff slinging.
Trump threatens 200% tariff on European alcohol as trade war escalates
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-tat ...
Why investors should eye the utilities sector amid Trump's trade war
Utilities-sector companies derive less than 1% of their revenue from international markets, so they have no exposure to foreign-currency headwinds.
Gold hits $3,000 for the first time on a safe-haven dash from Trump's trade war
Investors have been rushing to gold — a safe-haven asset — this year to hedge against risk from US President Donald Trump's ...
Here's when the stock market sell-off could force Trump to drop his trade war
President Donald Trump says he's not concerned with how the stock market performs as he implements his protectionist agenda. That might soon change.