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With rolling vineyards and a chief winemaker from France’s Champagne region, the Domaine Chandon has all the hallmarks of a French wine estate with one exception: It is located in Napa Valley.

The question facing its owner, French luxury titan Bernard Arnault, is whether U.S. properties like Domaine Chandon will ultimately have the appeal and scale to soak up the billions of dollars in sales at risk from President Trump’s threat of a 200% tariff on wine and spirits imported from Europe.

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