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Trump threatens 200% wine tariff if EU does not remove whiskey tariff

US President Donald Trump threatened to impose a 200% tariff on European wines and spirits if the EU proceeds with a planned 50% tariff on American whiskey, stating it would benefit U.S. Businesses.
The European Union's planned tariff on U.S. Goods, including whiskey, is in response to U.S. Duties on steel and aluminum imports, according to reports.
Financial markets reacted negatively to the tariff threats, with stock futures dropping, according to reports on Thursday.
President Ursula von der Leyen defended the EU's actions, stating it is necessary to protect consumers and businesses amid escalating trade conflicts.

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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…

2 days ago·Chicago, United States

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Dagens Nyheter.

After Trump's threat - EU opens for negotiations

US President Donald Trump is threatening to impose punitive tariffs of 200 percent on wine, champagne and other alcohol products from the EU.

2 days ago·Stockholm, Sweden

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The Mercury news

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…

2 days ago·San Jose, United States

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NY Daily News

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…

2 days ago·New York, United States

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