A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, industry experts warn.

The 15% tariff would be lower than previously threatened, but it would remain a high duty on America’s largest trading partner.

Balancing economic interests and security concerns, European officials said they got the best deal possible with Trump, but critics said Brussels ceded to pressure.

WASHINGTON (AP) — President Donald Trump on Thursday threatened a 200% tariff on European wine, Champagne and spirits if the European Union goes forward with a planned tariff on American whiskey.

WASHINGTON — President Donald Trump on Thursday threatened a 200% tariff on European wine, Champagne and spirits if the European Union goes forward with a planned tariff on American whiskey.

President Donald Trump, in a Thursday social media post, vowed a new escalation in his trade war if the EU goes forward with the planned 50% tariff on American whiskey.

WASHINGTON (AP) — President Donald Trump on Thursday threatened a 200% tariff on European wine, Champagne and spirits if the European Union goes forward with a planned tariff on American whiskey ...

The United States and China appear to be moving toward extending a 90-day trade truce between the two countries, but President Trump must sign off.