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Trump Threatens 200% Tariff On Wine, Champagne From France, EU Nations

by Sarkiya Ranen
in Business
Trump Threatens 200% Tariff On Wine, Champagne From France, EU Nations
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US President Donald Trump.


Washington:

US President Donald Trump said on Thursday he would put a 200% wine tariff on all wines and other alcoholic products coming out of EU countries if the bloc did not remove its tariff on whiskey.

“The European Union, 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, has just put a nasty 50% Tariff on Whisky,” Trump wrote in a post on Truth Social.

“If this Tariff is not removed immediately, the US will shortly place a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER EU REPRESENTED COUNTRIES. This will be great for the Wine and Champagne businesses in the US”.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)




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Tags: champagneDonald TrumpDonald Trump alcohol tariffsDonald Trump newsDonald Trump US Whiskey tariffsDonald Trump wine tariffsFranceNationsTariffThreatensTrumpUS NewsUS tariffsWine
Sarkiya Ranen

Sarkiya Ranen

I am an editor for Ny Journals, focusing on business and entrepreneurship. I love uncovering emerging trends and crafting stories that inspire and inform readers about innovative ventures and industry insights.

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