The alcohol trade war has broken out and is coming for your glass of wine - MarketWatch
1. Trump threatens 200% tariffs on EU alcohol products if retaliatory whiskey tax proceeds. 2. EU's whiskey tariff targets U.S. products in response to U.S. metal tariffs. 3. Higher alcohol prices may frustrate consumers facing inflation in both regions. 4. U.S. wine industry positioned to benefit; California produces 85% of domestic wine. 5. Shares of European alcohol producers fell sharply post-announcement.