Washington, D.C. – Former U.S. President Donald Trump has warned of imposing a 200% tariff on European wine if the European Union does not eliminate its tariffs on American whiskey. The statement comes amid ongoing trade tensions between the U.S. and the EU, particularly over alcohol tariffs.
Speaking at a recent event, Trump criticized the EU’s existing tariff on American whiskey, calling it unfair to U.S. producers. “If they don’t remove the tariffs on our whiskey, we will hit them with a 200% tariff on their wine. It’s only fair,” he declared.
The EU currently imposes a 25% tariff on American whiskey, a policy introduced during previous trade disputes. European wine, especially from France, Italy, and Spain, is widely popular in the U.S., making it a major export industry for European producers. A 200% tariff could significantly impact European winemakers by driving up prices and reducing sales in the U.S.
Trade experts warn that such tariffs could escalate tensions and lead to retaliatory measures from the EU. However, Trump’s remarks suggest he remains committed to protecting U.S. industries through aggressive trade policies.
As the 2024 U.S. presidential election approaches, trade policies are expected to be a key issue, with Trump continuing to advocate for stricter measures to support American businesses. The EU has not yet officially responded to the threat.