Trump Threatens To Impose 200% Tariff On Wine, Champagne From France, EU Nations8Photo1Video© hindustantimes.com

Trump Threatens To Impose 200% Tariff On Wine, Champagne From France, EU Nations

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US President Donald Trump on Thursday threatened to impose 200-percent tariffs on wine, champagne and other alcoholic products from France and other European Union countries in retaliation against the bloc’s planned levies on US-produced whiskey.

“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," he posted on his Truth Social platform.

Trump has launched trade wars against competitors and partners alike since taking office, wielding tariffs as a tool to pressure countries on commerce and other policy issues.