Next Trump Tariffs May Soon Hit Europe’s Luxury Exporters
- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Some of Europe’s top luxury brands are targeted in President Donald Trump’s latest tariff salvo, which could affect billions of dollars in exports of American-bound whiskeys, wine, Champagne, handbags and men’s suits. A panel of three World Trade Organization arbiters, as expected, said Friday the U.S. can legally impose tariffs on an array of European exports in retaliation for Europe’s illegal government aid to Airbus SE. EU sources say ...
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