{"id":130796,"date":"2025-03-13T13:38:08","date_gmt":"2025-03-13T13:38:08","guid":{"rendered":"https:\/\/peraltafinancing.com\/alcohol\/trump-threatens-200-percent-tariff-on-champagne-and-wine-from-europe\/"},"modified":"2025-03-13T13:38:08","modified_gmt":"2025-03-13T13:38:08","slug":"trump-threatens-200-percent-tariff-on-champagne-and-wine-from-europe","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=130796","title":{"rendered":"Trump Threatens 200 Percent Tariff on Champagne and Wine from Europe"},"content":{"rendered":"


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President Trump threatened to escalate a <\/span>trade war with the European Union after the bloc announced 50 percent tariffs on U.S. whiskey and several other American products to kick in on April 1, in retaliation to a batch of U.S. tariffs that took effect this week.<\/p>\n

\u201cIf this tariff is not removed immediately, the U.S. will shortly place a 200 percent tariff on all wines, Champagnes, and alcoholic products coming out of France and other E.U. represented countries,\u201d Mr. Trump wrote on social media on Thursday.<\/p>\n

Mr. Trump\u2019s jab came a day after E.U. leaders announced<\/a> that they would respond to the United States imposing 25 percent tariffs on steel, aluminum and related products.<\/p>\n

The 27-nation bloc plans to react in two waves: First, with tariffs as high as 50 percent on U.S. products including Harley-Davidson motorcycles and Kentucky bourbon, which will take effect on April 1; and second, a series of measures in mid-April that would target farm products and industrial goods that are important to Republican districts.<\/p>\n<\/div>\n