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.

After being caught in the crossfire of US-EU trade tensions in 2025, Europe’s wine industry said it is keeping a cool head following fresh tariff threats against French wine from…

The US president threatened to impose 200% tariffs on the sector, which has regularly borne the brunt of tensions between Washington and Paris since 2019.