Champions bottles are for sale at a wine dealer shop when President Donald Trump threatens 200 % of the revenue on European liquor, champagne and spirits with a planned tariff on the US Whiskey on March 13, 2025, on March 13, 2025, on March 20, 2025, on March 20, 2025.
Christophe Anna / AP
President Donald Trump Threatened Thursday A 200 % tariff On European liquor, champagne and spirits, if the European Union moves forward with a planned tariff on the American Wiskey.
The European tariff, which was unveiled in response Steel and aluminum rates The US administration is expected to implement it exactly on April 1, with separate mutual rates that Trump plans to keep on the European Union.
But Trump, in the morning social media post, pledged a new addition to his trade war if the European Union proceeded with a 50 % tariff plan on the American Whiskey.
“If this price is not removed immediately, the United States will soon impose 200 % tariffs on all alcohol, champagne, and alcohol products coming out of France and the European Union countries,” Trump wrote. “It would be great for the business of liquor and champagne in the US”
The US president praised his early weeks in the White House Close to the daily drama with regard to pricesSaying that tax imports can cause some economic problems, but eventually it will be more domestic manufacturing and maximum respect for the United States.
So far, Europe does not seem ready to withdraw.
“The trade war that Trump has chosen by Trump has said about X -X -Martin, Minister of French representatives of foreign trade.” We will not accept threats and always protect our industries.
Trump’s latest prices threats have suggested that even companies that stand publicly can cause suicide harm, and raise questions about whether the wider business community will be willing to challenge the open trade wars. Stock market hurts And Frightened users Those who worry about the deterioration of inflation.
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French luxury equipment company LVMH CEO Bernard Arnolt participated in the inauguration of Trump in January. His company’s liquor and spirits brands, including Mot and Chandon, Krig, Wau Clack Coat and Hansi, may be subject to the retaliation for the US president. The White House was also shocked at a press briefing on Tuesday to open the US factory on Tuesday.
On Wednesday, the Republican president indicated that he intends to take prices.
“Of course I will respond,” Trump told reporters during the Oval Office exchange with reporters.
Trump announced the rates of new steel and aluminum on Wednesday, we openly challenged the allies and pledged it. Withdraw “stealing” wealth through other countriesAnd he took immediate retaliation.
It has separate taxes on Canada, Mexico and China, whose projects intend to tax imports from the European Union, Brazil and South Korea through “mutual” prices starting April 2.
The European Union announced His own response steps. “Since the United States is applying $ 28 billion worth of revenue, we are responding with 26 billion euros response measures,” said European Commission President Ursola Van Dare Leene, or about $ 28 billion.
These measures include not only steel and aluminum products but also textiles, household goods and agricultural equipment.
European Commission spokesman Olof Gul said Thursday before Trump’s announcement that the European Union “is ready for whatever it may happen, and we have been preparing for more than a year.”
Gul added, “We call on the United States to immediately revoke the rates imposed yesterday, and we want to talk to avoid taxes in the future.” “They bring nothing but lost results, and we want to focus on winning results.”
American whiskey makerIn the meantime, Trump urged him to make a deal.
“The US European Union’s Spirits Sector is a model of fair and bilateral trade, which has zero rates for zero since 1997,” said Chris Songar, president and CEO of Asti Spirits Council. “We urge President Trump to secure a spirits deal with the European Union so that we reach zero rates for zero, which will generate US jobs and increase manufacturing and exports in the US hospitality sector. We do not want toast prices.”
According to the Asthi Spirits Council, when Europe responded to Trump’s 2018 taxes with a 25 % tax on US Whiskey, exports to the European Union declined by 20 % during 2021. Trump’s 25 % of Trump’s separate taxes on Canada and Mexico can endanger 31,000 jobs in this sector.
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In Brussels, AP authors Lauren Cook and Mike Warren contributed to reporting.
