** Citi suggests U.S. President Donald Trump's proposed 200% tariff on EU wine imports to the U.S. could boost Treasury Wine Estates' TWE.AX Americas sales

** Brokerage expects more than 80% of TWE's sales in the Americas to be from U.S.-produced wines, with the remaining sourced from Australia and New Zealand

** Citi believes the tariffs, if passed on to consumers, could lead to a switch towards non-EU wines and potentially less advertising from EU wine companies

** However, brokerage flags that tariffs could harm distributors' financial health, potentially affecting their ability to represent all wines, including non-tariff ones like TWE's

** Citi also warns that European wine producers may respond to the tariffs by increasing their focus on other markets like China, potentially offsetting TWE's expected gains

** Citi rates the stock as "buy" at a target price of A$13.85/share

** Five of 16 analysts rate the stock "buy" or higher, nine as "hold" and two as "sell"; their mean PT is A$28.26 – LSEG data

** Stock down 10.9% this year as of the last trading day

(Reporting by Kumar Tanishk in Bengaluru; Editing by Lisa Shumaker)

((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk;))