The ongoing trade war escalates as Trump threatens a 200% tariff on European wines and spirits, sending shockwaves through the wine industry. This proposal has raised concerns among local wine shops and importers, who argue it could lead to a significant drop in demand for European products. The French Champagne industry, alongside other European producers, is bracing for possible repercussions, with fears that prices could soar if the tariffs are implemented. Meanwhile, the U.S. stock market has reacted negatively to these tariff threats, reflecting broader economic implications. As tensions continue to rise, both American and European businesses are preparing for the potential fallout from this latest move in the trade conflict.