US President Donald Trump has threatened to impose 200% tariffs on European wine. This comes after the EU retaliated against US duties on European steel and aluminum. As a top wine producer, France is particularly vulnerable to the latest levies.
Chapter Breakdown
0:00 Trump threatens 200% tariffs on EU wine
1:34 Marie Sina, DW Business, on the escalating tariff ‘ping pong’
5:27 Ernst Büscher, German Wine Institute Spokesperson, on how important the US market is for German and French winemakers
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#germanwine #tariffs
29 Comments
If EU give ground to Trump now he will simply come back for more knowing Europe will always fold first.
Canadian here. I stand with Europe. Happily switching over from California Cabernet to French and European wines for every bottle we drink.
BANKRUPT EU WINE INDUSTRY UNTIL "O" TARRIFFS ALL AROUND REAL FREE TRADE
CANADA HAS 335% TARRIFFS ON U.S. DAIRY. NEEDS "O".
If you think tariffs on wine are idiotic, wait for the sweeping trading ban on EU. Trump can easily halt all trades with EU till EU collapses
So this would probably encourage more travel to France. Thanks to trump.
Rutte is soooo happy as a dog that he is in the oval office. Or is it another office ? Still he is happy.
That guy practically started a ww3 with the west n ww4 with the world economy…
The world has started to boycotting all n everything American made
Do reversse tarriff on google, Meta etc.
Each comment from the EU will now cost money in the near future
EU Do NOT capitulate.
I live in EU and I have always boycotted American wine. Don’t like USA! Grow up during the Vietnam war, that made it for me! Then the CIA Chile coup came. Needed no more reasons but got way more throughout the years.
Wait does this mean Americans stop buying our wine and it gets cheaper here? Bring it on Donald!
I said it before, I'll say it again – tell trump that either he stops this nonsense or we gonna pivot to china and any other country that is not US. We will get hit hard but we will recover and in the long run the US will be hit much, much harder. Because even the US can't fight a trade war with half of the world.
There's no "clear goal" by the Trump administration because he's a Russian asset and simply wants to break America's alliances and trade partners. Russia benefits from this chaos.
It is tariff pingpong 😂
Guess who are the world's best pingpong players?
The Chinese 😂
Its called reciprocal tariffs. If EU drop all tariffs to zero. America will drop theirs to zero.
I wonder why Trump wants to limit peoples options in US (unless rich of course.)
Isn't supposed to be land of the free?
Sell it to china then
So it's OK for Europe to do it but not the US? Why?
I am 5 years sober after a liver transplant but as a true Frenchman I will now resume a gargantuan wine consumption in order to support my country 🇫🇷🍷
French tariffs on US wines are about 15-29cts per 0,75cl bottle, these 200% “reciprocal” tariffs are pure BS.
The goal is division!!!
So the start of this was the EU adding a 50% tariff on US alchol but it is pearl clutching when they strike back? April 2 is reciprical tarriff day, what you charge the US they charge back. Fair is Fair.
good. the euros have been the biggest hypocrits since 1945. they're happy to demand we give them money, but demand that we never ask them anything in return.
Most Trump supporters don't know what wine is…
We europeans are going to have to be drunk for the next four years! 🥂
Europe has many tariffs on U.S. agricultural. I can understand why they would not want to be too dependent on food from America. The U.S. has the same concern on becoming too dependent on steel that is vital for defense. I’m for total ban on EU vehicles and wine, if that is what it takes.
wtf, he inflates from a 50% tarif with a 200% tarif, I guess europe should ajust the 50% tarif to 200% too.
What trump really likes is money, so just put tariff on the money going to the USA. tax the investment and even more the dividends going to his friends in the US, that is what will really hurt him.