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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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europeannewsroom.com broke the news in on Wednesday, March 12, 2025.
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