President Donald Trump has said that he will put a 200 per cent tariff on certain products coming out of the “hostile and abusive” European Union if the bloc did not remove one of its own taxes.
It is the President’s latest tariff threat, with Trump imposing a 25 per cent tariff on worldwide steel and aluminium imports yesterday.
In his latest move, Trump has turned his attention to the alcohol industry.
The President has threatened to place a humongous tariff on all wines and other alcoholic products coming out of the European Union if the bloc did not remove its tariff on whiskey.
Trump said he would put the humungous tariff on all wines and other alcoholic products
Reuters
Ursula von der Leyen is the president of the EU CommissionGETTYOn Wednesday, the bloc and Canada announced tens of billions of dollars worth of retaliatory tariffs against US goods.
More to follow…