Donald Trump has now threatened a 200% tariff on any alcohol coming to the US from the European Union (EU) in the latest twist of an escalating trade war.
Not happy with the EU’s 50% tariff on whisky, Trump is now taking on the European alcohol industry.
Trump called for the immediate removal of the EU’s “nasty” tariff on US whiskey, calling the bloc “hostile and abusive” and “formed for the sole purpose of taking advantage of the United States”.
He wrote: “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.,” he added.
Trump’s proposed 200 per cent wine tax could benefit a Virginia winery owned by his son, Eric Trump. In 2011 he purchased the Kluge Estate Winery and Vineyard in Albemarle County Virginia and renamed it the Trump Winery in 2012. The 227-acre facility is the largest vineyard in Virginia by acreage and produces approximately 36,000 cases of wine per year.
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