Donald Trump threatens 200% tariff on alcohol from EU if they don’t immediately remove the whiskey tariff in the latest escalation in the trade war

Cliff notes

Trump threatened a 200% tariff on EU alcohol imports in response to the EU’s planned 50% tax on US whiskey.
The dispute is part of an escalating trade war linked to US tariffs on steel and aluminum.
Trump called the EU “hostile and abusive” and demanded the immediate removal of its whiskey tariff.
The European Commission is preparing talks with the US to address the issue.
The trade war has raised concerns about economic impact worldwide, including in the US.
The US is the largest market for European wine, with €4.5bn ($4.89bn) in exports annually.

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