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Donald Trump has threatened to impose a 200 per cent retaliatory tariff on alcohol imports from the EU if the bloc doesn’t take away its obligation on US whiskey, within the newest salvo in his escalating commerce battle.
Posting on his Reality Social platform on Thursday, the US president mentioned the transfer was a response to the EU’s determination to impose a “nasty” 50 per cent tariff on whiskey.
“If this Tariff will not be eliminated instantly, the U.S. will shortly place a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER E.U. REPRESENTED COUNTRIES. This will likely be nice for the Wine and Champagne companies within the U.S.,” Trump wrote.
It is a growing story
