US President Donald Trump has threatened France and the European Union with a 200% tariff on their champagne, wine and other alcoholic beverages if the EU's new 50% tariff on American whiskey is not withdrawn.
"If these tariffs are not removed immediately, the United States will swiftly impose a 200% tariff on all wines, champagnes, and alcoholic products from France and other EU countries," Trump wrote on his social media platform, Truth Social.
Trump has already implemented 25% tariffs on aluminium and steel coming from the European Union. The EU immediately retaliated against what it called an "unjustified" trade action from the Trump administration.
The EU's countermeasures included tariffs on €26 billion worth of American goods, including tariffs on boats, bourbon and motorbikes. The measures are set to come into effect in April.
