President Donald Trump has threatened to slap a 200 percent tariff on alcohol from France and other European Union-represented nations.
Trump said in a March 13 Truth Social post that the European Union issued a 50 percent tariff on whisky from the United States.
If European officials do not remove these counter-tariffs, the United States will impose a 200 percent levy on wines, champagnes, and other alcohol products from France and other EU member states.
“This will be great for the Wine and Champagne businesses in the U.S.,” Trump said.
The European Commission announced on March 13 that it would initiate retaliatory measures in response to the administration’s 25 percent tariffs on steel and aluminum imports. These actions included ending suspensions on previous levies on U.S. goods and implementing new levies….