A threatened 30% tariff on European wines would hurt many U.S. companies while hiking prices at home and in restaurants, industry experts warn.

France’s champagne and cognac makers are scrambling to secure an exemption from Donald Trump’s tariffs on EU imports to head off a crushing hit to sales.

European Commission President Ursula von der Leyen said Sunday that a framework deal imposing 15% tariffs on EU goods imported to the U.S. did not contain any decision regarding the wine and spirits industry, adding that an agreement for the sector would be examined in the coming weeks.

WASHINGTON — President Donald Trump on Thursday threatened a 200% tariff on European wine, Champagne and spirits if the European Union goes forward with a planned tariff on American whiskey.

President Donald Trump on Thursday threatened a 200% tariff on European wine, Champagne and spirits if the European Union goes forward with a planned tariff on American whiskey.

The United States and China appear to be moving toward extending a 90-day trade truce between the two countries, but President Trump must sign off.

The preliminary deal imposes 15 percent tariffs on most E.U. goods, averts a trade war and leaves many details unresolved, including on wine and spirits. Here are industries on the line.