Andy Mukherjee is a Bloomberg Opinion columnist covering industrial companies and financial services in Asia. Previously, he worked for Reuters, the Straits Times and Bloomberg News. Back in 2015 ...

President Trump on Thursday threatened to put a hefty 200 percent tariff on wine, Champagne and other alcohol coming in from Europe if the European Union (EU) does not remove a tariff on whiskey.

But President Trump’s threat to impose 200 percent tariffs on European wine, Champagne and spirits sent shudders through grand châteaus and small vineyards across the country. “A 200 percent ...