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Trump's 200% tariffs could have an unlikely winner — troubled beer brewers

15 March 2025
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Trump's 200% tariffs could have an unlikely winner — troubled beer brewers
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President Trump threatened to impose 200% tariffs on alcohol from Europe in response to the EU reinstating import taxes on American whiskey. This move could severely impact European drinks makers, potentially wiping out global profits for some. Stocks of French spirits makers like Rémy Cointreau and Pernod Ricard fell following Trump’s comments, with market analysts warning of significant financial consequences if the proposed tax is implemented.

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