US wine shops and importers say Trump's threatened 200% tariff on European wines would kill demand
President Donald Trump on Thursday threatened a 200% tariff on European wine, Champagne and spirits if the European Union goes forward with a planned 50% tariff on American whiskey. Wine sellers and importers said a tariff of that size would essentially shut down the European wine business in the U.S.
US wine shops and importers say Trump’s threatened 200 percent tariff on European wines would kill demand
President Donald Trump on Thursday threatened a 200% tariff on European wine, Champagne and spirits if the European Union goes forward with a planned 50% tariff on American whiskey. Wine sellers and importers said a tariff of that size would essentially shut down the European wine business in the U.S.
Europe retaliates against Trump's tariffs with trade countermeasures
The European Union has announced its own countermeasures against the Trump administration's tariffs on steel and aluminum imports.
Trump threatens further tariffs as EU, Canada retaliate for those already in place
Donald Trump threatened on Wednesday to escalate a global trade war with further tariffs on European Union goods, as major U.S. trading partners said they would retaliate for trade barriers already erected by the U.
Europe and Canada retaliate against Trump’s steel and aluminum tariffs
President Trump touted better-than-expected inflation numbers Wednesday, as the trade war is escalating. Canada and the European Union announced new tariffs on U.S. goods after Trump’s sweeping tariffs on all steel and aluminum imports went into effect.
European leaders, governments react as Trump’s 25% tariffs on all steel and aluminum imports kick in
President Donald Trump officially increased tariffs on all steel and aluminum imports to 25% on Wednesday, promising that the taxes would help create U.S. factory jobs at a time when his seesawing tariff threats are jolting the stock market and raising fears of an economic slowdown.
Trump Vows US Will Respond to Europe’s Metal Tariff Retaliation
President Donald Trump said the US would respond to the European Union’s countermeasures against his new 25% tariffs on steel and aluminum, raising the risk of further escalation in his global trade war.
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