Tariffs

Updates on President Trump’s tariffs on Canada, Mexico, China, Europe, and others, along with what tariffs do for consumers and how tariffs work.

Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tax

Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tax

Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tax

March 13, 2025 3:07pm CDT

Because of Trump’s threat, a previously untariffed $15 bottle of Italian Prosecco could possibly increase in price to $45.

Because of Trump’s threat, a previously untariffed $15 bottle of Italian Prosecco could possibly increase in price to $45.