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Summary
Donald Trump announced a planned 200% tariff on French and EU alcoholic beverages in response to the European Union’s decision to reinstate tariffs on American whiskey.
Trump accused the EU of unfair trade practices and demanded an immediate reversal of its 50% whiskey tariff.
The EU’s move is part of broader retaliation against U.S. steel and aluminum tariffs.
The dispute has rattled liquor stocks, with major European brands like LVMH and Remy Cointreau dropping, while U.S. alcohol stocks, including Jack Daniels’ parent Brown-Forman, also declined.
At this point It would be funny if the other parties forced him to have absurdly high tariffs like ten-quadrillion percent on everything. Just do it
Just have the tariffs double each week like russia did with the Youtube lawsuit.
No everybody loves the most bigly numbers everyone has ever seen. Make it one thousand octrillion per cent more than russia. Actually lower the tariffs on everything russian by the same amount.
Line must go up!