Newsletter

Champagne supernova

14 March 2025 10:52 RaboResearch
Download

Brussels’ response to Trump’s steel and aluminium tariffs has put the European Union in the US president’s crosshairs. Europe announced a 99-page list of American-made goods that may be subject to rebalancing tariffs from April 1, including motor cycles, food & agriculture products, and clothing. President Trump, of course, was not amused. He claims that the EU has imposed “a nasty 50% tariff on whisky,” adding that the US will shortly counter this with “a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS” unless the EU removes its tariffs immediately.

Introduction image

Download the full report

Disclaimer

Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more