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22:48
Feb 19
Donald Trump President of the United States CNBC
Trump recounts threatening French President Macron with a "100% tariff on all of the wine and champagne" to force compliance on drug pricing. Even if the drug deal is signed, the administration's willingness to weaponize tariffs against luxury goods creates massive uncertainty for European luxury and spirits exporters heavily exposed to the US consumer. Short European luxury/spirits conglomerates due to geopolitical tariff risk. Diplomatic resolution removes the tariff threat; US consumer demand remains inelastic despite price hikes.
PRNDY

About PRNDY Analyst Coverage

Buzzberg tracks PRNDY (PERNOD RICARD S A SP/ADR) across 1 sources. 0 bullish vs 0 bearish calls from 1 analysts. Sentiment: evenly split. 1 total trade ideas tracked.