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'200% tariffs' threat
The Herald
|March 14, 2025
UNITED STATES President Donald Trump has threatened a 200% tariff on European wine, Champagne and spirits if the European Union goes forward with a planned tariff on American whiskey.
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The European tariff, unveiled in response to steel and aluminum tariffs by the US administration, was expected to go into effect on April 1, but Mr Trump, in a social media post, vowed a new escalation in his trade war if the EU pushes ahead with the planned 50% tariff on American whiskey.
"If this Tariff is not removed immediately, 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," Trump wrote. "This will be great for the Wine and Champagne businesses in the U.S."
This story is from the March 14, 2025 edition of The Herald.
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