The president’s plans for steeper import taxes remain fluid, but he promises they’ll take hold after temporary delays. Consumers will start to see the impact in store aisles.

President Donald Trump’s newest tariff threat on European alcohol is the latest in a line of proposed levies on goods from abroad as a global trade war widens between the U.S. and its partners. See also: The alcohol trade war has broken out — and is coming for your glass of wine How long is that line?

Tesla warned of the hit to its bottom line from tariffs, while SpaceX complained that foreign trade barriers affect its Starlink internet satellite service.

The electric carmaker’s warning about tariffs comes despite its boss's key position in the Trump administration.

MARTILLAC, France (Reuters) - The owner of one of France's top Bordeaux wine chateaux hopes U.S. President Donald Trump's threat of 200% tariffs on European wine is just posturing because the impact would be devastating if not.

President Donald Trump has threatened to place a 200% tariff on all alcohol from the European Union. Chloe Kim

President Donald Trump on Thursday threatened to impose a massive tariff on European alcohol in response to the European Union’s retaliation against his steel and aluminum tariffs – a tit-for-tat escalation of a trade war that could easily get out of hand.