Trump threatens 200% tariff on E.U. booze over tax on U.S. whiskey

President Donald Trump threatened on Thursday to impose 200% tariffs on alcohol from the European Union in response to the region’s retaliatory tariffs on the U.S., further escalating tensions between two longtime trading partners.

In a post on his Truth Social platform, the president claimed that the E.U. was “formed for the sole purpose of taking advantage of the United States” while calling it “one of the most hostile and abusive taxing and tariffing authorities in the World.” Trump claimed the protectionist move “would be great for the Wine and Champagne businesses in the U.S.”