President Donald Trump threatened to put a 200 percent tariff on all alcoholic products coming out of the European Union, including French wine and Champagne, as he takes the transatlantic trade war up a notch.

“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 his Truth Social platform Wednesday morning.

"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.”


These tariff exchanges will continue until April 2. If deals aren’t reached by then, Trump will impose reciprocal tariffs on all America’s trading partners, who may return fire with other countermeasures. Global markets are unsettled by the ongoing trade war and fear a recession is looming as a result.

  • RangerJosey@lemmy.ml
    link
    fedilink
    English
    arrow-up
    2
    arrow-down
    1
    ·
    1 day ago

    Unless they all plan to flee to a non extradition treaty country in late 2027. Yes.

    • prole@lemmy.blahaj.zone
      link
      fedilink
      arrow-up
      4
      ·
      1 day ago

      Why would they need to flee? They are the government, and the Supreme Court has already ruled that anything the President does is legal.

    • technocrit@lemmy.dbzer0.com
      link
      fedilink
      arrow-up
      3
      arrow-down
      1
      ·
      edit-2
      1 day ago

      Yeah… Like when the dems put him in jail for all those felonies… lol.

      The state is the source of fascism, not the solution.

      • RangerJosey@lemmy.ml
        link
        fedilink
        English
        arrow-up
        4
        ·
        1 day ago

        Chump ran to stay out of prison. He was going to lose that case in NY. He was turbofucked. Until Kamala and her team decided to pursue republican votes instead of literally anything else.

        He went for the Hail Mary play to save his own ass and incompetent corrupt liberals carried him to a touchdown. Classic DNC political game theory. Snatching defeat from the jaws of victory.