Trump's 200% tariffs "brings European wineries to their knees", companies struggle with oversupply and climate change impacting crop yields

Impacted pubic European wine companies

* LVMH Moët Hennessy Louis Vuitton: MC
* Pernod Ricard: RI
* Lucas Bols N.V.: BOLS
* Lanson-BCC: ALLAN
* Laurent-Perrier: LPE
* Oeneo SA: SBT
* KEO PLC: CR

Key points from article: European wine companies have over supply from last year's harvest due lack of demand, and have issues with storing new production

Source: [https://www.bloomberg.com/news/articles/2025-03-29/france-s-wine-farmers-see-orders-dry-up-on-trump-tariff-threats?srnd=homepage-canada](https://www.bloomberg.com/news/articles/2025-03-29/france-s-wine-farmers-see-orders-dry-up-on-trump-tariff-threats?srnd=homepage-canada)