CHAMPAGNE, France (AP) — Across wine country in France, Italy and Spain one number is top of mind: 200%.
That’s because last week U.S. President Donald Trump threatened a tariff of that amount on European wine, Champagne and other spirits if the European Union went ahead with retaliatory tariffs on some U.S. products. The top wine producers in Europe could face crippling costs that would hit smaller wineries especially hard.
Europe’s wine industry is the latest to find itself in the crosshairs of a possible trade spat with the U.S.
Among those concerned is David Levasseur, a third-generation wine grower and owner of a Champagne house in France’s eponymous region.
“It
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