Trump threatens 200% tariff on French wine, other EU alcohol products

News

close video Business community ‘understands’ Trump’s intentions with tariffs, Goldman Sachs CEO says

Goldman Sachs CEO David Solomon discusses the business community’s thoughts on President Donald Trump’s tariffs, support for small businesses, deregulation of banks and making America the crypto capital of the world.

President Donald Trump on Thursday threatened to impose a 200% tariff on alcohol products from France and other European countries.

"If this Tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER E.U. REPRESENTED COUNTRIES. This will be great for the Wine and Champagne businesses in the U.S." Trump said in a post on Truth Social. 

This is a developing story. Please check back for updates. 

Articles You May Like

Trump teams $500 million bet on old vaccine technology puzzles scientists
Abortion Access Could Be Blocked In Much Of The South After Florida Gov. Ron DeSantis Signed Into Law A Six-Week Ban
Treasury Secretary tells investors Trump’s policies will deliver ‘golden age economy’
How Trumps mineral deal opens Ukraine up to US investment
FAA staffing, runway repairs force hundreds of cancellations and delays