Trump threatens 200% tariff on European alcohol as trade war escalates

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2 months ago

President Donald Trump threatened to impose a massive tariff on European alcohol in response to the European Union’s retaliation against his steel and aluminum tariffs – a tit-for-tat escalation of a trade war that could easily get out of hand. In a post on Truth Social, Trump said his administration would impose a 200% tariff on alcoholic beverages from the EU unless it rescinds the 50% tariff the European government imposed on US whiskey. #CNN #News

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