US president says levy on alcohol imports would be retaliation for ‘nasty’ 50% tariff imposed on bourbon whiskey

Donald Trump has threatened a 200% tariff on wine and champagne from EU countries, in the latest threat of escalation in the global trade war started by the US president against the country’s biggest trading partners.

Trump said in a post on Thursday on his Truth Social platform that the tariffs on all alcoholic products from the bloc would be retaliation for a “nasty” 50% levy on bourbon whiskey announced by the EU.

Continue reading...