logo
Buy ‘em By The Case. With 200% Tariffs Looming Over Champagne, You Still Have Time To Purchase Those Bottles Already Imported.

Buy ‘em By The Case. With 200% Tariffs Looming Over Champagne, You Still Have Time To Purchase Those Bottles Already Imported.

Forbes21-03-2025

Specialists working by candlelight to remove sediment from bottles of champagne in the stone cellars ... More of Epernay, France, circa 1920. (Photo by)
With the threat of 200% tariffs––currently 25%––being put on European wines and spirits as of April 1, the horror of not being able to afford a bottle of Champagne for even a celebration, much less an entire wedding, may soon be upon us. Consider that a bottle of $50 Champagne may soon cost $200 after tariffs go into effect April 1. Even those who think nothing of now spending $300 for a Prestige Cuvée may not can shrug off price increases of 200%.
The same goes for other European sparkling wines, including France' s Crémants, Italy's Proseccos and Spain's Cavas.
Europe currently exports more than $4.89 billion worth of wine each year to the US, by far its largest export market, according to the Comités Européens d'Enterprises Vins, which is composed of 25 national organizations that account for over 90% of European wine exports.
Picture shows the shelves of a supermarket in the northern city of Bailleul AFP PHOTO PHILIPPE ... More HUGUEN (Photo by PHILIPPE HUGUEN / AFP) (Photo by PHILIPPE HUGUEN/AFP via Getty Images)
This is also true of Champagne exports to the U.S, with 27 million bottles shipped in 2023 with a value of $885 million.
I know that producers, exporters, importers, distributors and wine store owners are scrambling to figure at how to handle this unprecedented situation. David Levasseur, a third-generation wine grower and owner of a Champagne house, told the Associated Press, 'It means I'm in trouble, big trouble. We hope it's just, as we say, blah blah.'
Not likely: President Donald Trump contends that it is a reaction to the EU's "nasty" tariff on US whiskey, calling the bloc "hostile and abusive" and "formed for the sole purpose of taking advantage of the United States."
But at least for the next few weeks, the stocks of Champagnes already imported and on shelves in the U.S. are reason to consider buying as many bottles as you can before the prices go through the roof.
Moreover, there are so many reasonable priced, very good Champagnes already in U.S. wineshops that snapping them up right now makes sense. And if you check a website like Wine.Searcher.com you'll find prices may differ by $10 a bottle. Buying by the case lowers the price considerably. Here are some worth seeking out.
Nicolas Feuillatte Réserve Extra Brut is from a pretisgious marque known for its moderate prices.
Nicolas Feuillatte Réserve Extra Brut ($45). This is a balanced blend made by cellar master Guillaume Rofflaen with 40% Pinot Noir, 40% Meunier and 20% Chardonnay, aged three to four years and bottled in their distinctive royal blue label. They also make a Rosé with more Pinot Noir. The price is amazing for this quality.
Veuve Clicquot Ponsardin Vintage Brut. The price for this is around $100, but the same producer's Yellow Label is selling for half that price and manifests the label's signature style of ripe fruit and toastiness. It's a blend of 55% Pinot Noir 15% Pinot Munier and 30% Chardonnay, aged three years.
Laurent-Perrier is 50% Chardonnay and aged for four years.
Laurent-Perrier La Cuvée Brut ($$50-60). A very good price for an excellent Champagne, made of reserve wines including 50% Chardonnay, 30 to 35% Pinot Noir and 10 to 15% of Meunier, aged for four years. It has a delicate bouquet, but the citrus notes and velvety texture give it a long palate.
Deutz Brut Classic ($50). Deutz, a grande marque founded in 1838 in Ay and now owned by Maison Louis Roederer, has a lot of ardent fans who know it as a delicious sparkler without a high price, made of equal parts Pinot Noir, Chardonnay and Pinot Meunier.
Turning the wines, ca;;ed riddling. at Gossett's cellars.
Gosset Grande Réserve Brut ($50). Although non-vintage, this is actually a blend of seven different vintages to add complexity and pleasing acidity. The Revue de France voted Gossett number four on a list of the 50 top Champagne producers. Its elegantly shaped bottle immediately identifies the marque. Odilon de Varine, head winemaker and new cellar master Gabrielle Malagu are keeping the marque's tradition alive–– their motto is, 'At Gosset we first create a wine. The bubbles make it sublime'–– while applying the best ideas of modern enology.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

European Gas Price Rises Amid Warm Weather, Asia LNG Demand
European Gas Price Rises Amid Warm Weather, Asia LNG Demand

Wall Street Journal

time30 minutes ago

  • Wall Street Journal

European Gas Price Rises Amid Warm Weather, Asia LNG Demand

1034 GMT – European natural-gas prices rise in midday trade, with the benchmark Dutch TTF contract up 0.8% at 36.22 euros a megawatt hour. Storage levels across the EU are over 52% full, data from industry group Gas Infrastructure Europe shows. However, warm weather across the region is increasing the use of air conditioning. Meanwhile, investment funds increased their net positioning in TTF by 16 terawatt hours last week to a total of 111 TWh, according to DNB Markets DNB -0.25%decrease; red down pointing triangle analysts. In Asia, liquefied natural gas demand is rebounding as China returns to the spot market after months of subdued activity due to high prices. Rising demand tightens global LNG supply, often reducing availability for Europe–particularly as summer competition intensifies. (

Exploring High Growth Tech Stocks In Europe June 2025
Exploring High Growth Tech Stocks In Europe June 2025

Yahoo

time37 minutes ago

  • Yahoo

Exploring High Growth Tech Stocks In Europe June 2025

The European market has been buoyant recently, with the pan-European STOXX Europe 600 Index rising by 0.90% as inflation slows and the European Central Bank eases monetary policy, alongside strong performances from major stock indexes in Germany, Italy, France, and the UK. In this environment of eased monetary conditions and modest economic growth, high-growth tech stocks in Europe are particularly appealing for their potential to capitalize on technological advancements and innovation-driven demand. Name Revenue Growth Earnings Growth Growth Rating Intellego Technologies 30.80% 45.66% ★★★★★★ Archos 21.07% 36.58% ★★★★★★ KebNi 21.51% 66.96% ★★★★★★ Pharma Mar 29.61% 44.92% ★★★★★★ Bonesupport Holding 29.14% 56.14% ★★★★★★ argenx 21.82% 26.90% ★★★★★★ Skolon 31.51% 99.52% ★★★★★★ Xbrane Biopharma 24.95% 56.77% ★★★★★★ Diamyd Medical 86.29% 93.04% ★★★★★★ Elliptic Laboratories 36.33% 78.99% ★★★★★★ Click here to see the full list of 227 stocks from our European High Growth Tech and AI Stocks screener. Let's review some notable picks from our screened stocks. Simply Wall St Growth Rating: ★★★★☆☆ Overview: Indra Sistemas, S.A. is a global technology and consulting company specializing in aerospace, defense, and mobility sectors with a market capitalization of approximately €6.19 billion. Operations: The company generates revenue primarily from its Minsait (IT) segment, which accounts for €3.01 billion, followed by defense at €1.07 billion. Mobility and air traffic contribute €362.45 million and €470.38 million respectively to the total revenue streams. Indra Sistemas stands out in the European tech landscape with its strategic focus on expanding military-related operations, although it recently decided against bidding for Iveco's defense unit. The company's revenue growth at 6.9% annually outpaces the Spanish market's 4.5%, reflecting a robust position in its sector. Furthermore, Indra's earnings have surged by 23.4% over the past year, significantly exceeding the IT industry's average decline of 0.6%. With an anticipated earnings growth of 12.9% per year and a forecasted high return on equity of 21.5% in three years, Indra demonstrates strong financial health and potential for sustained growth, supported by a commitment to R&D that ensures continuous innovation and competitiveness in high-tech markets. Navigate through the intricacies of Indra Sistemas with our comprehensive health report here. Assess Indra Sistemas' past performance with our detailed historical performance reports. Simply Wall St Growth Rating: ★★★★★☆ Overview: cBrain A/S is a software company that offers solutions for government, private, education, and non-profit sectors across Denmark and internationally, with a market cap of DKK3.88 billion. Operations: The company generates revenue primarily from its Software & Programming segment, which contributed DKK267.78 million. cBrain, a dynamic player in the European tech sector, showcases impressive growth metrics that underscore its potential. With an annual revenue increase of 19.2%, the company outperforms the Danish market average of 8.3%. This trend is complemented by a robust earnings growth forecast at 23.1% per year, significantly above Denmark's average of 8.5%. The firm's commitment to innovation is evident from its R&D spending trends which have strategically bolstered its competitive edge in software solutions. Notably, cBrain continues to enhance shareholder value as evidenced by its recent dividend increase to DKK 0.64 per share, reflecting confidence in sustained financial health and future prospects. Get an in-depth perspective on cBrain's performance by reading our health report here. Explore historical data to track cBrain's performance over time in our Past section. Simply Wall St Growth Rating: ★★★★☆☆ Overview: SoftwareOne Holding AG is a global provider of software and cloud solutions operating across multiple regions including Europe, North America, Latin America, Asia Pacific, and the Middle East with a market capitalization of CHF1.26 billion. Operations: The company generates revenue primarily from its regional operations, with significant contributions from the DACH region (CHF301.13 million) and EMEA (CHF299.49 million). The NORAM and APAC regions also contribute notably to the revenue streams, at CHF145.93 million and CHF163.44 million respectively, reflecting a diversified geographical presence in software and cloud solutions markets. SoftwareOne Holding AG, navigating through a transformative phase with new CFO Hanspeter Schraner, is poised for notable financial improvements. The company's revenue growth at 5.8% annually aligns with strategic expansions, albeit below the high-velocity tech sector norm. However, its forecasted earnings surge by 54.21% per year signals robust potential amidst operational shifts. With R&D expenses tailored to fuel innovation and adaptability in a competitive market, SoftwareOne is strategically positioning itself despite current unprofitability and a volatile share price. This approach underpins its commitment to evolving within the tech landscape while managing shareholder expectations through prudent fiscal strategies such as the recent dividend adjustment to CHF 0.30 per share from capital reserves and earnings. Dive into the specifics of SoftwareOne Holding here with our thorough health report. Gain insights into SoftwareOne Holding's historical performance by reviewing our past performance report. Explore the 227 names from our European High Growth Tech and AI Stocks screener here. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include BME:IDR CPSE:CBRAIN and SWX:SWON. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio

California looters now face ‘hard-charging' consequences after blue state abandoned soft-on-crime approach
California looters now face ‘hard-charging' consequences after blue state abandoned soft-on-crime approach

New York Post

timean hour ago

  • New York Post

California looters now face ‘hard-charging' consequences after blue state abandoned soft-on-crime approach

Amid the continuing unrest and flash mob-style looting incidents in Los Angeles, California is making a significant pivot toward tougher criminal enforcement. Criminal defense attorney David Wohl told Fox News Digital that the legal consequences are no longer a slap on the wrist for looters following the reversal of Proposition 47, which notably did not criminalize theft under $950. Advertisement 'Now we have a very conservative, hard-charging DA in Los Angeles,' Wohl said. 'He's adding up what is stolen by each individual co-defendant, and if that's over $950, everybody's getting charged with felonies.' In a city once known for turning a blind eye to petty theft and soft prosecution, looters who are taking advantage of protests over federal immigration operations now face stricter penalties. In 2014, California voters approved Proposition 47, a ballot initiative that reclassified several nonviolent felonies, including shoplifting, theft and drug possession, as misdemeanors if the value involved was $950 or less. Supporters argued the measure would reduce prison overcrowding and redirect state funds to additional programming. Advertisement 8 Vulgar graffiti was spray-painted onto an Apple store after it was looted during the riots in Los Angeles on June 10, 2025. REUTERS 8 Protesters loot a gas station convenience store in Paramount, California on June 7, 2025. Getty Images Critics argued that it contributed to a noticeable increase in retail theft and emboldened looters. In 2024, voters voiced their concerns and overwhelmingly chose a sharp course correction from the progressive reforms that Proposition 47 implemented and voted in favor of Proposition 36. Advertisement Prop 36 restored the ability to file felony charges against repeat offenders, regardless of whether their latest crime falls under the $950 limit. It also enhances penalties for group theft and organized looting, which had previously fallen into legal gray zones under Prop 47. 8 Police officers detain a group of protesters in the streets of Los Angeles on June 11, 2025. AFP via Getty Images The shift stems from a growing rejection of the previous criminal justice model championed by former District Attorney George Gascon, who Wohl described as 'more liberal than a lot of public defenders.' Advertisement Under Gascon's leadership, prosecution was often delayed or diminished, with an emphasis on giving offenders 'second, third, fourth, fifth chances,' Wohl said. William Jacobson, a law professor at Cornell University and founder of offered a sharp critique of California's criminal justice policies in light of the emergence of looters during the ongoing L.A. protests against immigration enforcement. 8 Graffiti is sprayed onto the glass windows of an Apple store hit by looters during the Anti-ICE riots in California. REUTERS 8 Apple products are scattered around a store that was looted during the Los Angeles riots on June 9, 2025. REUTERS 'Looting and violence have always been illegal, even in California,' Jacobson told Fox News Digital. 'Unfortunately, California's lax enforcement of the criminal laws, including the former decriminalization of shoplifting, has created a culture of criminality that has played out in numerous riots over the years.' 'The current riots against immigration enforcement and violence targeting both ICE and the community are part of the California political ecosystem,' he said. Looters in LA Several stores across downtown Los Angeles were hit by looters in the early morning hours as anti-ICE riots continued. On Monday night, looters took to the streets and ransacked a series of storefronts, the Los Angeles Police Department confirmed with Fox News Digital. Apple and Adidas were among the stores hit by thieves, as well as several mom-and-pop shops. Advertisement 'What have they done to my business? I don't know,' one local business owner shared with Fox News affiliate KKTV. 'I have to go inside and see what's going on. I don't know what they have done with the business.' 8 A shoe sits on the floor in an empty Adidas store attacked by looters in Los Angeles. ALLISON DINNER/EPA-EFE/Shutterstock 8 Workers board up a CVS pharmacy after it was looted by rioters in Los Angeles on June 10, 2025. REUTERS One video, taken by Brendan Gutenschwager, captured looters ransacking an Apple storefront on Monday night. Advertisement The video captured a slew of individuals dashing up to the technology storefront and grabbing goods before dispersing as police arrived. The footage captured the store's glass windows spray-painted with 'F— ICE.' Other photos showed ransackers disappearing into the night with stolen goods after a smash-and-grab in Compton, a city south of Los Angeles. It was unclear if the thieves were participating in the ongoing anti-ICE protests or if they were being opportunistic of the city's unrest. Advertisement 'Let me be clear: ANYONE who vandalized Downtown or looted stores does not care about our immigrant communities,' Mayor Karen Bass said in a post to X. 'You will be held accountable.' On Tuesday and Wednesday, after continued protests, other businesses set out to protect their stores. Fox News Digital saw a T-Mobile store on the corner of 3rd Street and Broadway boarding up ahead of likely another night of protests in the city. While a security guard protected the property, a repairer worked on the CVS store on the corner of 7th and Spring streets in downtown Los Angeles after several nights of rioting. Attorney General Pam Bondi offered a blunt message to would-be robbers and looters in the deep-blue city on 'Fox & Friends' Tuesday. Advertisement 'If you loot a business in California during this, we're charging you with robbery under the Hobbs Act. No longer are the days of non-prosecution for looting. It's a criminal act,' she said. 8 Police officers detained masked protesters after a demonstration near Los Angeles City Hall on June 11, 2025. AFP via Getty Images The administration is also determined to crack down on those who inflict harm on law enforcement. 'We've all made over 190 arrests, [and] more [are] coming. If you hit a police officer, you assault a police officer, state or federal, we are coming after you.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store