Trump's Retaliation Against the EU: Threat of 200% Tax on French and EU Beverages

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Trump's Retaliation Against the EU: Threat of 200% Tax on French and EU Beverages

President Donald Trump responded to the European Union's new tariffs on American products in a post on Truth Social Thursday morning. He described the EU as one of the most hostile authorities globally in terms of taxation and tariffs, recently imposing a significant 50% tariff on whiskey.

In retaliation, Trump warned that if the tariff is not lifted immediately, the U.S. would impose a heavy 200% customs duty on all wine, champagne, and alcoholic beverages from France and other EU countries. According to the President, such a move could benefit the domestic wine and champagne industries in the U.S.

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