U.S. President Donald Trump has threatened to impose a 200% tariff on alcoholic products from the European Union, in response to a 50% tariff on whisky by the EU.
What Happened: On Thursday, Trump took to his Truth Social to express his dissatisfaction with the European Union, which he described as “one of the most hostile and abusive taxing and tariffing authorities in the World.” He claimed that the EU was formed with the sole purpose of exploiting the United States.
Trump’s post came in response to the EU’s recent decision to impose a 50% tariff on the U.S. bourbon. He warned that if the tariff is not immediately removed, the U.S. will retaliate by placing a 200% tariff on all wines, champagnes, and …
Full story available on Benzinga.com
U.S. President Donald Trump has threatened to impose a 200% tariff on alcoholic products from the European Union, in response to a 50% tariff on whisky by the EU.
What Happened: On Thursday, Trump took to his Truth Social to express his dissatisfaction with the European Union, which he described as “one of the most hostile and abusive taxing and tariffing authorities in the World.” He claimed that the EU was formed with the sole purpose of exploiting the United States.
Trump’s post came in response to the EU’s recent decision to impose a 50% tariff on the U.S. bourbon. He warned that if the tariff is not immediately removed, the U.S. will retaliate by placing a 200% tariff on all wines, champagnes, and …
Full story available on Benzinga.com
U.S. President Donald Trump has threatened to impose a 200% tariff on alcoholic products from the European Union, in response to a 50% tariff on whisky by the EU.
What Happened: On Thursday, Trump took to his Truth Social to express his dissatisfaction with the European Union, which he described as “one of the most hostile and abusive taxing and tariffing authorities in the World.” He claimed that the EU was formed with the sole purpose of exploiting the United States.
Trump’s post came in response to the EU’s recent decision to impose a 50% tariff on the U.S. bourbon. He warned that if the tariff is not immediately removed, the U.S. will retaliate by placing a 200% tariff on all wines, champagnes, and …Full story available on Benzinga.com Read MoreBF, Donald Trump, European Union, News, tariffs, whiskey, Economics, Markets, BF, News, Economics, Markets, Benzinga Markets
