Aamer Madhani of Reuters reports that President Trump threatened a 200% tariff on European wines and spirits if the EU proceeds with a 50% tariff on American whiskey. The EU’s tariff is a response to U.S. steel and aluminum tariffs. Trump’s warning is part of ongoing trade tensions, with U.S. bourbon makers urging a return to zero tariffs on spirits between the U.S. and EU. Madhani writes:
President Donald Trump on Thursday threatened a 200% tariff on European wine, champagne and spirits if the European Union goes forward with a planned tariff on American whiskey. […]
“If this Tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER E.U. REPRESENTED COUNTRIES,” Trump wrote. “This will be great for the Wine and Champagne businesses in the U.S.” […]
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