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US President Donald Trump warned of a 200% tariff on EU wines if the bloc does not remove its 50% tariff on whiskey, escalating tensions amid the EU's planned counter tariffs on US goods.
Donald Trump announced plans to impose a 200% tariff on alcoholic products from the EU. (Reuters Photo)
UPDATED: Mar 13, 2025 18:15 IST
US President Donald Trump on Thursday announced plans to impose a 200% tariff on all wines and alcoholic products from the European Union if the bloc does not remove its tariff on whisky, Reuters reported. Trump addressed the issue in a social media post.
"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 wrote on Truth Social.
"If this Tariff is not removed immediately, the US will shortly place a 200% Tariff on all wines, champagnes, and alcoholic products coming out of France and other EU represented countries. This will be great for the Wine and Champagne businesses in the US."
On Wednesday, the European Commission said that it will impose counter tariffs on 26 billion euros ($28 billion) worth of US goods from next month, ramping up a global trade war in response to blanket US tariffs on steel and aluminium.
The EU executive said, however, that it remained open to negotiations and considered higher tariffs in no one's interest, reports news agency Reuters.
The European Commission said it will end its current suspension of tariffs on US products on April 1 and that its tariffs will be fully in place by April 13.
Published By:
Satyam Singh
Published On:
Mar 13, 2025
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