Trump threatens 200% tariff on EU wines over whiskey trade dispute
Washington: US President Donald Trump warned on Thursday that he would impose a 200% tariff on wines and other alcoholic beverages from European Union nations if the bloc did not remove its tariff on whiskey, Reuters reported.
"The European Union, one of the most hostile and abusive taxing and tariffing authorities in the World, which was formed for the sole purpose of taking advantage of the United States, has just put a nasty 50% Tariff on Whisky," Trump wrote on Truth Social.
He further stated, "If this Tariff is not removed immediately, the US will shortly place a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER EU REPRESENTED COUNTRIES. This will be great for the Wine and Champagne businesses in the US."
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