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.
Trump threatens 200% tariff on alcohol from EU
- Donald Trump threatens 200% tariffs on EU alcohol imports – FT
- Donald Trump threatens 200% tariff on EU wine and champagne – The Guardian
- Trump threatens tariffs on European wine and spirits in escalating trade war – Reuters