President Donald J. Trump has threatened to impose a 200 percent tariff on alcohol imports from the European Union, escalating tensions in an ongoing trade dispute between Washington and Brussels.
Mr. Trump’s remarks came in
response to the European Union’s plans to levy tariffs on American-produced
whiskey, a move intended to counteract the United States’ duties on steel and
aluminum imports. The former president characterized the EU as “nasty,”
“hostile and abusive,” and claimed the bloc was "formed for the sole
purpose of taking advantage of the United States."
A spokesperson for the European
Commission confirmed that discussions were being arranged between U.S. and EU
officials to address the situation. The Commission also noted that its trade
commissioner, Maroš Šefčovič, had reached out to American counterparts
following Mr. Trump’s threat of retaliation on Wednesday.
Writing on Truth Social, Mr.
Trump argued that the proposed tariff would benefit domestic industries,
stating it would be “great for the Wine and Champagne businesses in the U.S.”
The latest threat represents a
significant escalation in the ongoing trade war, which has unsettled financial
markets and raised concerns about broader economic consequences. Earlier this
week, Mr. Trump moved forward with plans to expand U.S. tariffs on steel and
aluminum, imposing a blanket 25 percent duty and eliminating prior exemptions
granted to certain countries.
His comments follow recent
tariff hikes on Chinese imports, which he raised to at least 20 percent earlier
this month. Mr. Trump has also imposed 25 percent levies on goods from Mexico
and Canada, though some of those tariffs were later suspended. Since taking
office, he has repeatedly threatened additional tariffs on specific commodities,
including copper, lumber, and automobiles.
Leaders in Canada and Europe
have condemned the tariffs as unjustified and have responded with their own
countermeasures targeting U.S. goods. The standoff has fueled concerns over the
potential impact on businesses and consumers worldwide, further deepening the
divide between the United States and some of its key trading partners.
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