President Donald Trump threatened to impose 200% tariffs on French wine, champagne, and other alcoholic products from European Union countries in retaliation for the EU’s planned levies on US-produced whiskey. The announcement, made on Thursday, March 13, via his Truth Social platform, escalates ongoing trade tensions between the US and EU. Trump has long used tariffs as a tool to press countries on commerce and other policy issues, and this latest move is part of his broader strategy to challenge perceived unfair trade practices. The EU recently unveiled tariffs targeting $28 billion in US goods, including a 50% levy on American whiskey, which Trump has called “nasty.” US distillers have expressed disappointment over the tariffs, which have already had a significant impact on whiskey exports to the EU, with a 20% drop following similar measures in 2018.
#donaldtrump #tariffs #tradewars #eutrade #whiskey #frenchwine #champagne #USdistillers #globaltrade #eutariffs #alcoholtradedispute
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