French Prime Minister Franck Bayrou suggested that the European Union may have erred in singling out American whiskey in response to U.S. tariffs. President Donald Trump had warned of imposing a 200% tariff on all EU wines and alcoholic beverages. Bayrou is optimistic that discussions with the U.S. and China will help settle the tariff disagreement that is impacting European producers. The threat from Trump worries French cognac producers, who are already feeling the impact of tariffs arising from a disagreement with Beijing.