Trump Threatens 200% Tariff on European Wines Amid Escalating Trade Conflict
Trump's threatened tariff on EU wines follows the EU's planned tax on American whiskey, risking major impacts on U.S. consumers and businesses.
But even when taken at face value, the stated goal of Trump’s tariff war may have a critical flaw.
Trump Tariff Chaos Induces Stock Market Correction
Bloomberg·6d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
The higher prices could either drive down demand or shut down a market.
CNBC·6d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.For US winemakers, the latest tariff threat could be an opportunity.
Trump's trade war is stirring up booze battles
Business Insider·6d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.The United States is suddenly looking less bubbly for European wines.
US wine shops and importers say Trump's threatened 200% tariff on European wines would kill demand
Associated Press·6d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
The impact of a trade war could surface for consumers.
Trump threatens 200% tariff on European wine and Champagne after EU proposes American whiskey tax
PBS NewsHour·6d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.
Trump’s latest tariff threats suggested that even companies that have publicly stood by him – such as French luxury goods company LVMH, whose CEO attended his inauguration – could be collateral damage.
Trump vows 200% retaliatory tariff on European wine and spirits
Al Jazeera·6d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.
Since returning to the White House for a second term, Mr. Trump has made tariffs a key area of his economic agenda, though the levies have sparked concerns of a recession and roiled the stock market.
Trump threatens 200% tariff on European wine and Champagne
CBS News·6d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
The Trump administration has also been engaged in back-and-forth tariffs with Canada this week, a country the president described as "one of the highest tariffing nations anywhere in the world."
Trump says US has 'Stupid Trade,' not 'free trade'
Fox Business·6d·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.Leans RightThis outlet slightly leans right.
The legacy media has generally attempted to hit back at Trump on his use of tariffs, leaning on a economic orthodoxy decided a century ago that tariffs are bad.
FAFO Watch: Trump Threatens Europe With 200% Wine and Spirit Tariffs
Breitbart News·6d·Mixed ReliableThis source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.RightThis outlet favors right-wing views.
The global alcohol market has faced a challenging past few years, but was expecting a 2025 that promised "moderate recovery," according to IWSR, a global drinks data and insight provider.
Trump threatens a 200% tariff on European alcohol
NPR·6d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.CenterThis outlet is balanced or reflects centrist views.
The European tariff, which was unveiled in response to steel and aluminum tariffs by the U.S. administration, was expected to go into effect on April 1.
Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tariff
Boston Globe·6d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.
The administration has complained about the disparity between European and American tariff rates, describing it as unfair.
Trump Threatens 200 Percent Tariff on EU Alcohol
Epoch Times·6d·Mixed ReliableThis source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.RightThis outlet favors right-wing views.
The threat of the 200 percent tariff is Mr. Trump’s latest shot in his trade battle with the European Union, which kicked off when he imposed a 25 percent tariff on steel and aluminum imports from countries in the 27-nation trading bloc.
Wine and Whisky Prices Could Surge After Trump Threatens 200 Percent Tariff on European Booze
New York Sun·6d·Mixed ReliableThis source has a mixed track record—sometimes accurate but also prone to bias, sensationalism, or incomplete reporting.RightThis outlet favors right-wing views.
The impact of a trade war could surface for consumers.
Trump threatens retaliatory 200% tariff on European wine after EU proposes American whiskey tax
Boston Herald·6d·Mostly ReliableThis source is generally reliable but sometimes includes opinion, propaganda, or minor inaccuracies.Leans RightThis outlet slightly leans right.
The tariffs on the EU, Canada, Mexico and China – and those imposed in retaliation – threaten to tip the US economy into recession, and Trump has admitted there may be a “period of transition” while businesses start producing more in the US.
Donald Trump threatens 200% tariff on EU wine and champagne
The Guardian·6d·ReliableThis source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.Leans LeftThis outlet slightly leans left.
Summary
In a dramatic escalation of the trade war, President Trump has threatened a 200% tariff on European wines and spirits in retaliation for the EU's planned 50% tariff on American whiskey. Industry leaders warn that such a steep tariff could devastate the U.S. wine market and significantly raise prices for consumers. With European wines constituting 17% of the U.S. market in 2023, importers are halting stock purchases amid uncertainty. Experts fear this could trigger a similar retaliation affecting U.S. products, complicating the trade landscape even further. The EU's whiskey tariff is set to take effect on April 1.
Perspectives
Trump's proposed 200% tariff on European alcohoChampagnetaliatory measure against the EU's new 50% tariff on American whiskey, highlighting ongoing tensions in trade relations.
The threat of tariffs increases concerns about economic impacts, especially in the alcohol European, where it could raise consumer prices and affect jobs.
A call for negotiation is echoed by bothEUrump administration officials and European leaders, although tensions continue to escalate.
FAQs
History
- 6d