US President Donald Trump said Thursday (3/13) that he would impose 200% wine tariffs on all wine and other alcoholic products originating from EU countries if the bloc does not remove its tariffs on whiskey.
"The European Union, one of the most hostile and abusive tax and tariff authorities in the World, created for the sole purpose of taking advantage of the United States, has just imposed a nasty 50% Tariff on Whiskey," Trump wrote in a post on Truth Social.
"If this Tariff is not removed immediately, the US will soon impose a 200% Tariff on all WINE, CHAMPAGNE, & ALCOHOLIC PRODUCTS ORIGINATING FROM FRANCE AND OTHER COUNTRIES REPRESENTED BY THE EU. This will be great for the Wine and Champagne business in the US." (Newsmaker23)
Source: Reuters
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