President Donald Trump said Thursday that he would impose a 200% tariff on wine and other alcoholic beverages from the 27 countries that make up the European Union if it did not “immediately” remove a 50% tariff on whiskey. “The European Union, one of the most hostile and abusive taxing and tariffing authorities in the …
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President Donald Trump said Thursday that he would impose a 200% tariff on wine and other alcoholic beverages from the 27 countries that make up the European Union if it did not “immediately” remove a 50% 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 posted on Truth Social. “If this Tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER E.U. REPRESENTED COUNTRIES. This will be great for the Wine and Champagne businesses in the U.S.”
