US EditionTrump threatens 200% wine tariff if EU does not remove whiskey tariff
- President Donald Trump has threatened a 200% tariff on alcohol imports from the European Union if the EU does not lift its 50% whiskey tariff immediately.
- The European Union recently imposed tariffs on over $28 billion worth of U.S. Goods in response to Trump's 25% tariffs on all steel and aluminum imports.
- Trump claimed the new alcohol tariffs would benefit U.S. Businesses, particularly in the wine and champagne industries.
- European Commission President Ursula von der Leyen stated that U.S. Tariffs are causing economic disruption and uncertainty in Europe and the U.S.
454 Articles
454 Articles
Trump threatens 200% tariff on European wine
WASHINGTON (NEXSTAR) - President Donald Trump is escalating the trade war with Europe, threatening steep tariffs on imported alcohol. It's the latest move in the tense back and forth between the U.S. and the European union. President Trump is now warning he may hit European wine and spirits with a 200% tariff if the EU doesn't back down from their tariff threats. "We've been ripped off for years, and we're not going to be ripped off anymore. I'm…
President Trump vows 200% tariff on EU wine and champagne, escalating trade tensions
By Hadriana Lowenkron | Bloomberg President Donald Trump threatened to impose a 200% tariff on wine, champagne and other alcoholic beverages from France and elsewhere in the European Union, the latest escalation in a growing transatlantic trade war. The president in a social media post on Thursday said that he would move forward with the import duties if Brussels follows through with a tax on American whiskey exports, a measure aimed at retaliat…
Trump vows to slap 200% tariff on European wine and spirits
President Trump vowed Thursday to slap 200% tariffs on wine and other alcoholic beverages imported from European Union countries as he escalates his trade war aimed at geopolitical friends and foes alike. Trump said he would up the ante after the E.U. imposed its own 50% tax on American whiskey, a move that itself was a response to the White House tariff on European steel and aluminum. Bottles Champagne are for sale at a wine dealer shop as Pres…
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