US President Donald Trump on Thursday threatened to impose 200-percent tariffs on wine, champagne and different alcoholic merchandise from France and different European Union nations.
“The European Union, one of the crucial hostile and abusive taxing and tariffing authorities within the World, which was fashioned for the only goal of making the most of the USA, has simply put a nasty 50% Tariff on Whisky. If this Tariff is just not eliminated instantly, the U.S. will shortly place a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER EU REPRESENTED COUNTRIES. This shall be nice for the Wine and Champagne companies within the U.S.