From fashion to alcohol, these sectors are being swept up in the US-eu trade war

European Consures Face Higher Prisies Tensions between the white house and brussels heat up.

On Wednsday, The European Commission Announced It Would Retaliate to Us President Donald Trump’s Newly imposed – but long-threatened – 25% Blanket tariffs on aluminum and steel imports into the united states.

The eu’s retaliatory measures are set to hit 26 billion euros ($ 28.3 billion) WORTH of Goods as the New Us Tarifs will apply to $ 28 billion of european goes.

EU Officials Have Drafted A 99-Page Document, Seen by CNBC, Listing Specific American Items That Are Under Consideration for Tariffs in Brussels. It includes a wide range of Goods, from Agricultural Produce, Household Items and Plastic to Alcohol and Fashion Garments, Along with Steel and Aluminum and aluminum and aluminum.

Trump on Wednsday suggested More Us Countter-Measures Could Follow, Stating that he would respond to the eu’s action and that “Whatever their charge us with, we’re charging them.” A further twist camee Thursday, as trump Threated a 200% tariff On Wine, Champagne and other alcoholic products coming out of france. The President has previously suggested he could implement a blanket 25% tariff on eU imports, Slamming the BLOC for Alleged Unfair Trade Practices.

Citi analysts said in a wedding note that there was unlikely to be a major, immediati macroeconomic impact from the announced eu duties, since the targeted goes represant only about 5.5% of the region Non-energy imports from the US-but that there should be indirect impact through Increased business and consumer uncertain.

The European Sector About to Be SWEPT Up in the Whirlwind of Trade Tensions Include Automotives – AlReury being rocked by the Fresh Duties Between The US, Canada and Mexico – Metals, Construction, Spirits, Luxury Goods, Consumer Goods, Retail, Food Producers, Agriculture and Pharmaceuticals.

The eu’s tarifs will push up costs for a “raft of manufacturers, not least automakers and food producers,” said Susannah Streter, Head of Money and Markets for Haragreaves Lansdown, Everyday Items Such as a Can of Coke or ATin of Beans.

“There is only so much manufacturers can absorb, and car giants look Uncertainty, “She Added.

The impact on Consures will be Swift as Businesses Pass on Higher Costs to Support Margins, According to Stuart Katz, Chief Investment Officer at Wealth Management Ferm Robertson Station Forecast Price Increases would be visible by the time eu measures take effect on April 1.

“Eu tariffs on us grains, such as corn and soybeans, may disrupt animal feed supplies, negatively impacting the eu livestock sector’s competivity. Ability to develop in the Near Term Reliable Supply Chain Alternatives for Mitigating Tariff Impacts, “Katz Told CNBC.

“The broader impact incluses disruptions to supply chains and economy uncertain for industry relay on us important. Reduced competitiveness, and potential job losses. “

That all comes while the new us-evapsed tariffs on Steel and aluminum importants from the eu disrupt supply chains and cause losses for european products, katz said, adding on products Like French Cognac and Cosmetics May Jeopardize Exports and Jobs. Trump Tarifs Cold in Future also target Eu Pharmaceutical Exports Which are critical for count as Ireland and denmark who relay upon trade with the us, katz said.

In a statement on Wednsday, Trade BodySpiritseurope slammed the eu’s retaliation to trump’s tarifs.

The Organization, Whose Members Include 30 National Association and Major Companies Such as Johnnie Walker-Maker Diegeo And Jack Daniel’s Producer Brown-formanSaid the news came at a “Difential time for the spirits sector,” which was seen a “marked slowdown in many key key markets.”

It warned that if implemented on April 1, EU TARIFS on Us Spirits Bold “Have a Hugly Damaging Impact on the Eu Companies that Produce Us Spirits (and) Us Companies that are found in forms Europe… Putting at Risk the many jobs they support. ”

In sector such as luxury Goods and retail, the corporate impact will revive depend on the specific company and its supply chains, jie zhang, luxury sector analyyst at alphavalue, TOLLOLY, TOLLOLUE.

Luxury products are directly impacted by higher tariffs between the eu and us trust they are freely made in europe. Even where a supply chain originates in asia, The Final Product is often Stocked and Shipped from Europe, Zhang Said, Adding that A Company Like LIKE LIKE LIOIS VUTON HAS A A Production Site Within The us Around Half of Local Revenue.

Likeweise, zhang said, a retailer such as zara owner Inditex Will be protected by its business model, with over half its sourcing and production for goods don in neighboring counties. However, a company like online retailer Asos Has Much of its supply chain in asia and has limited flexibility, as well as significant expenses to the US market will be impacted.