NEWSLETTER
Saturday, August 2, 2025
  • Login
No Result
View All Result
JOURNOS NEWS
16 °c
Columbus
21 ° Sun
22 ° Mon
  • Home
  • World News
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
  • Lifestyle
  • Science
  • Health
  • Home
  • World News
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
  • Lifestyle
  • Science
  • Health
16 °c
Columbus
21 ° Sun
22 ° Mon
No Result
View All Result
JOURNOS NEWS
No Result
View All Result
Home Business

Trump Threatens 200% Tariff on European Wine Over Whiskey Dispute

Trade War Heats Up: Trump Plans Massive Tariff on EU Wine

by pinkfloyd
March 13, 2025
in Business, Imports & Exports, International Trade, International Trade & Tariffs, Tariffs & Sanctions
0
Tariff Showdown: Trump Warns of 200% Tax on European Alcohol - Alex Brandon/AP Photo

Retaliation Looms: Trump Plans Steep Tariffs on EU Spirits - Alex Brandon/AP Photo

Trump Threatens 200% Tariff on European Wine in Retaliation for EU’s American Whiskey Tariff

Escalating Trade Tensions President Donald Trump has issued a stern warning to the European Union (EU), threatening to impose a 200% tariff on European wines, champagnes, and spirits. This comes in response to the EU’s planned 50% tariff on American whiskey, which is set to take effect on April 1.

The EU’s tariff proposal was unveiled as a countermeasure against the U.S. administration’s steel and aluminum tariffs. Trump, however, made it clear on Thursday via social media that he would retaliate if the EU moved forward with its plan.

More RelatedPosts

Microsoft and Meta Earnings Drive Wall Street to New Heights

P&G to Raise U.S. Prices as Tariff Costs Rise, Consumers Delay Spending

UnitedHealth earnings miss Q2 estimates, issues weak 2025 forecast

Tesla Signs $16.5 Billion AI Chip Supply Deal with Samsung

Load More

Trump’s Warning to the EU In a morning post, Trump declared:

“If this tariff is not removed immediately, the U.S. will shortly place a 200% tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER E.U. REPRESENTED COUNTRIES. This will be great for the wine and champagne businesses in the U.S.”

His remarks reinforced statements he had made earlier in the week, where he signaled strong action against what he described as unfair trade practices. “Of course, I will respond,” Trump told reporters in the Oval Office on Wednesday.

Global Trade Disputes Intensify Trump has aggressively pursued tariffs against multiple U.S. trading partners, including Canada, Mexico, and China. He has also announced plans to tax imports from the EU, Brazil, and South Korea, advocating for what he calls “reciprocal” trade policies. The new steel and aluminum tariffs, introduced on Wednesday, further fueled trade tensions, with the president claiming they are necessary to reclaim wealth “stolen” by other countries.

EU’s Countermeasures The European Commission has responded swiftly, outlining its own economic retaliation. European Commission President Ursula von der Leyen stated:

“As the United States is applying tariffs worth $28 billion, we are responding with countermeasures worth 26 billion euros [approximately $28 billion].”

These countermeasures extend beyond steel and aluminum, targeting industries such as textiles, home appliances, and agriculture.

Bourbon Industry Urges Resolution Amid the intensifying trade dispute, U.S. bourbon producers are calling on the Trump administration to reconsider its position.

Chris Swonger, President and CEO of the Distilled Spirits Council, urged a diplomatic solution, stating:

“The US-EU spirits sector is the model for fair and reciprocal trade, having zero-for-zero tariffs since 1997. We urge President Trump to secure a spirits agreement with the EU to get us back to zero-for-zero tariffs, which will create U.S. jobs and increase manufacturing and exports for the American hospitality sector. We want toasts, not tariffs.”

As the deadline for the EU’s whiskey tariff approaches, the world is watching to see whether the two economic powerhouses will negotiate or escalate their trade conflict further.

Source

pinkfloyd

pinkfloyd

Related Posts

Strong Microsoft and Meta results lift Nasdaq, renew AI optimism on Wall Street - AP Photo/Seth Wenig
Business

Microsoft and Meta Earnings Drive Wall Street to New Heights

July 31, 2025
Tariffs Drive P&G to Increase Prices on 25% of U.S. Products Starting Next Month - AP Photo/Steve Hellber, File
Business

P&G to Raise U.S. Prices as Tariff Costs Rise, Consumers Delay Spending

July 29, 2025
UnitedHealth Reports Lower Profits and Weak 2025 Outlook - AP Photo/Richard Drew, file
Business

UnitedHealth earnings miss Q2 estimates, issues weak 2025 forecast

July 29, 2025
Samsung Lands Tesla as Customer for AI Chips in Multibillion-Dollar Deal - Andrew Harnik/Getty Images
Business

Tesla Signs $16.5 Billion AI Chip Supply Deal with Samsung

July 29, 2025
Geopolitical concerns grow as CK Hutchison reconsiders Panama Canal port sale - AP Photo/Matias Delacroix, File
Business

CK Hutchison Reconsiders Panama Ports Deal, Eyes Chinese Investor

July 28, 2025
Trade tensions rise as Lula urges U.S. to reconsider Trump’s Brazil tariff - AP Photo/Eraldo Peres
Business

Brazil urges U.S. to negotiate over Trump’s proposed 50% import tariff

July 25, 2025
S&P 500 breaks records, but trade war tensions could shake markets - Michael Nagle/Bloomberg/Getty Images
Business

Stock market rally faces tariff test amid Trump’s trade war threats

July 24, 2025
CEO Pay at Starbucks Sparks Outrage: AFL-CIO Report Reveals Massive Income Gap - Michael Reaves/Getty Images
Business

Starbucks CEO-to-worker pay gap tops all U.S. companies in 2024

July 24, 2025
GM Navigates $4 Billion Tariff Hit With U.S. Investments and EV Growth - AP Photo/Paul Sancya, File
Auto Industry

GM profit drops as tariffs loom, but U.S. investment ramps up

July 23, 2025
Load More
Next Post
Red Moon Alert! Everything You Need to Know About the March Eclipse - Ringo H.W. Chiu/AP Photo

March’s Blood Moon: Watch the Lunar Eclipse Turn the Sky Red

From War to Unity? Syria’s New Government Faces Tough Challenges - Omar Sanadiki/AP Photo

Syria’s Uncertain Future: A Week of Violence and Diplomacy

Say Goodbye to Shoulder Stiffness with These Simple Moves - Aaron Lockwood/CNN

Why Shoulder Stretching Doesn’t Work—And What to Do Instead

Life After Loss: How Moving to Spain Changed Everything

From Grief to Growth: A Mother and Son’s Journey to a New Life in Spain

Naples on Edge: Thousands of Tremors and a Powerful Earthquake - Alessandro Garofalo/LaPresse/AP Photo

Naples Residents Sleep Outdoors After 4.4 Magnitude Earthquake

Popular News

  • After heroic rescue, spotlight returns to migrant worker conditions in Singapore - PUB/BBC

    Singapore sinkhole rescue sparks renewed focus on migrant worker rights

    0 shares
    Share 0 Tweet 0
  • How COVID Origin Theories Are Undermining Future Pandemic Preparedness

    0 shares
    Share 0 Tweet 0
  • Life After Russia: Paul Whelan’s Difficult Return to the U.S.

    0 shares
    Share 0 Tweet 0
  • How the Modern Potato Evolved From a Wild Tomato 9 Million Years Ago

    0 shares
    Share 0 Tweet 0
  • Turkmenistan eyes tourism boost with new visa policy reforms

    0 shares
    Share 0 Tweet 0

Recommended

Tariff Showdown: Trump Warns of 200% Tax on European Alcohol - Alex Brandon/AP Photo

Trump Threatens 200% Tariff on European Wine Over Whiskey Dispute

5 months ago
Texas Measles Outbreak: What You Need to Know Now - Annie Rice/AP Photo

Measles Outbreak Grows in Texas as Second Child Dies

4 months ago

Connect with us

  • About Us
  • Contact Us
  • Cookie Settings
  • Privacy Policy
  • Terms and Conditions
  • Support Press Freedom
  • Accessibility Statement
  • Advertising
  • Online Shopping
Breaking News That Keeps You Ahead.

Copyright © 2024 JournosNews.com All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • World News
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
  • Lifestyle
  • Science
  • Health

Copyright © 2024 JournosNews.com All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.