LVMH, Remy Cointreau Fall as Trump Threatens 200% Tariff on French Wine and Champagne -- Market Talk

Dow Jones

01/20

1127 GMT - Shares in LVMH and Remy Cointreau fall after President Trump threatened to levy 200% tariffs on French wine and champagne after the country's President Emmanuel Macron rejected Trump's offer to join the U.S.'s Board of Peace for Gaza. Moet-maker LVMH falls 3%, compounding losses of more than 4% Monday after Trump's threat to impose broader tariffs on a host of European nations to pressure Denmark into selling Greenland. The stock trades at a three-month low, and is down more than 12% so far this year. Remy Cointreau, which owns the Telmont brand, loses 2.9%. (josephmichael.stonor@wsj.com)

(END) Dow Jones Newswires

January 20, 2026 06:27 ET (11:27 GMT)

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Moet-maker LVMH falls 3%, compounding losses of more than 4% Monday after Trump's threat to impose broader tariffs on a host of European nations to pressure Denmark into selling Greenland. The stock trades at a three-month low, and is down more than 12% so far this year. Remy Cointreau, which owns the Telmont brand, loses 2.9%. (josephmichael.stonor@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 20, 2026 06:27 ET (11:27 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}