President Trump has threatened to escalate the trade conflict with the European Union (EU) after the EU announced punitive tariffs of 50 percent on American goods, including whiskey, set to begin on April 1. In retaliation, Trump warned of imposing a steep 200 percent duty on French wines and other European alcoholic products. This conflict arises in the context of existing U.S. tariffs on steel and aluminum, with the EU aiming to use targeted tariffs to influence negotiations, particularly affecting politically important sectors for U.S. legislators.
If this tariff is not removed immediately, the U.S. will shortly place a 200 percent tariff on all wines, Champagnes, and alcoholic products coming out of France and other E.U. represented countries.
European leaders have made it clear that they would prefer not to enact the tariffs, and would like to negotiate with Mr. Trump.
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