Trump: "If US whiskey tariffs are not removed, impose 200% tariffs on EU alcoholic beverages"
On the 13th (local time), U.S. President Donald Trump warned that if the European Union (EU) does not immediately repeal the '50% tariff' imposed on American whiskey, the United States will impose a 200% tariff on alcoholic beverages produced in EU countries.
In a post on social media, President Trump stated, "The EU, which was created solely to take advantage of the United States, has just imposed an unpleasant 50% tariff on whiskey," adding, "If this tariff is not immediately repealed, the U.S. will promptly impose a 200% tariff on wine, champagne, and alcoholic products from France and other EU countries."
The EU introduced retaliatory tariffs after the U.S. imposed a 25% tariff on global steel, aluminum, and related products starting on the 12th, including a 50% tariff on American whiskey as part of the first phase of measures to be implemented from the 1st of next month.
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With Trump's 'tariff bomb' prompting Europe to introduce retaliatory tariffs and President Trump warning of a counterattack, there is growing concern that a global 'tariff war' centered on the U.S. and Europe could intensify.
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