U.S. Exports Face New Tariff Threats As Trump Proposes 200% Levy On EU Wine, Liquor

Benzinga

U.S. exporters face renewed tariff threats as former President Donald Trump proposes a 200% levy on EU wine and liquor, according to CNBC. Data from Trade Partnership Worldwide shows U.S. exports at risk of EU tariffs could surge from $6 billion under Trump’s first-term policies to over $27 billion.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02U.S. exporters face renewed tariff threats as President Donald Trump

00:05poses a 200% levy on EU wine and liquor, according to CNBC.

00:09Data from Trade Partnership Worldwide shows U.S. exports at risk of EU tariffs

00:13could surge from $6 billion under Trump's first-term policies to over $27 billion.

00:18Tennessee whiskey, California almonds, and Michigan rearview mirrors are among

00:22the most vulnerable products with the EU serving as a large market.

00:26Retaliatory tariffs could significantly impact states relying on European trade,

00:30including New York, North Dakota, and Texas.

00:33Analysts warn these measures could disrupt supply chains,

00:36dampen demand, and strain U.S.-EU trade relations.

00:40For all things money, visit Benzinga.com.

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