Trump 200 Percent Tariff: Trump threatens 200% tariff on European alcohol, terms EU as ‘most hostile’

File photograph: US President Donald Trump (Picture credit score: PTI)

US President Donald Trump has threatened to impose 200 per cent tariff on wine, champagne, and different alcoholic drinks imported from France and different European Union (EU) nations, escalating a commerce dispute over tariffs on American whiskey.
In a submit on his Truth Social platform on Thursday, Trump warned, “If this Tariff is not removed immediately, the US will shortly place a 200 per cent Tariff on all wines, champagnes & alcoholic products coming out of France and other EU represented countries.”

He added that such a transfer would profit the wine and champagne business within the US.
Trump’s remarks observe the European Commission’s determination on Wednesday to impose a 50 per cent tariff on American whiskey, as a part of a broader response to US tariffs on metal and aluminum, CNN said.
The EU additionally introduced plans to introduce counter-tariffs value €26 billion ($28 billion) on varied US items beginning subsequent month, in keeping with Reuters.
Trump referred to as the EU’s tariff on American bourbon “nasty”.
Trump, who has lengthy criticised EU commerce insurance policies, described the bloc as “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.”