Trump threatens 200% tariff on EU champagne, other alcohol products
The announcement came in response to tariffs issued by the European Union.
ByMax Zahn
March 13, 2025, 7:23 AM
President Donald Trump on Thursday threatened a 200% tariff on champagne and other alcohol products from the European Union, escalating a global trade war that has roiled markets and stoked recession fears.
The move came a day after the EU announced plans to slap tariffs on $28 billion worth of U.S. goods, including a 50% tariff on whiskey. Those tariffs marked a response to U.S. duties on steel and aluminum imports.
Trump called on the EU to drop its tariff on whiskey, saying the U.S would otherwise "shortly place" a tariff on alcohol products from the EU.
Trump sharply criticized the EU, describing the organization as "one of the most hostile and abusive taxing and tariffing authorities in the World."
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https://abcnews.go.com/Business/trump-threatens-200-tariff-eu-alcohol/story?id=119747537
