Industry representatives warned that a 200 percent tax on European wines and spirits would halt shipments to the United States and wipe €4 billion off France’s trade balance. International Trade and World Market, Wines, Customs (Tariff), Champagne (Wine), Protectionism (Trade), Trump, Donald J, France Industry representatives warned that a 200 percent tax on European wines and spirits would halt shipments to the United States and wipe €4 billion off France’s trade balance. NYT > Business