100% tariff is off the table... for now...

[Glenn E.]

Trump's threatened 100% tariff on all EU wine looks like it's off the table for now.

https://www.cnn.com/2020/01/20/politics ... index.html

[David Spriggs]

Trump's threatened 100% tariff on all EU wine looks like it's off the table for now.

https://www.cnn.com/2020/01/20/politics ... index.html

Thank God! I still have Portuguese wine in the UK to import.

[Eric Ifune]

Were Portuguese wines included in this? I thought it was those countries who were part of AirBus.

[Eric Menchen]

Were Portuguese wines included in this? I thought it was those countries who were part of AirBus.

This was never about Airbus. The original tariffs by Trump against Europe were about Airbus, but these were in response to the digital services tax in France. But several other countries also have similar taxes either already in place or in the works, so it was going to apply to more than just France. I read about this a few weeks ago, but here is a more current article I haven't read yet: https://www.zdnet.com/article/france-ag ... companies/

[David Spriggs]

*whew* !!!

[Moses Botbol]

Macron had to say uncle after all that is going on in France... Then a tariff. Not ideal for his candidacy.

If wholesale prices went up even temporarily in the US due to tariff's, the price wouldn't readjust so quickly (or ever) once they are removed.