In a significant escalation of tensions within the ongoing trade war, Trump has threatened to impose a massive 200% tariff on all alcohol imports from the European Union, including wines and champagne. This move comes in response to EU proposals for tariffs on American whiskey, which many in the U.S. wine and spirits industry fear could devastate demand. The threat has already led to panic among wine importers and retailers, who anticipate skyrocketing prices and stockpiling efforts. As the trade conflict intensifies, the impact on both U.S. consumers and European markets remains uncertain, with analysts warning that the tariff could create chaos for the California wine industry and provoke further retaliatory measures from the EU.