Trump Threatens 200% Tariffs on EU Alcohol in Escalating Trade Dispute
The U.S. president's move responds to EU tariffs on American whiskey, intensifying the transatlantic trade conflict.
- Donald Trump has threatened 200% tariffs on wine, champagne, and spirits from the EU, targeting French products in particular.
- The U.S. recently imposed 25% tariffs on steel and aluminum imports, prompting the EU to announce retaliatory tariffs on U.S. goods including whiskey, jeans, and motorcycles starting April 1.
- Trump demands the EU retract its planned 50% tariff on American whiskey, labeling the EU as exploitative and abusive in trade practices.
- The European Commission has signaled readiness for further countermeasures, emphasizing its preparedness for prolonged trade tensions.
- Experts warn that escalating tariffs risk harming businesses and consumers on both sides, while EU alcohol producers face significant market challenges in the U.S.