Shares of French luxury goods conglomerate LVMH sank by more than 3% on Tuesday, following President Donald Trump’s threat to hit French wines with tariffs.

President Donald Trump early Tuesday threatened to impose a 200% tariff on French wine and champagne in an effort to pressure France to join his intergovernmental Board of Peace…

Shares of French luxury goods conglomerate LVMH sank by more than 3% on Tuesday, following President Donald Trump’s threat to hit French wines with tariffs.