Washington, March 13 -- US President Donald Trump on Thursday threatened to impose a 200 per cent tariff on champagne and other alcoholic products from the European Union, escalating trade tensions amid ongoing disputes between Washington and Brussels, ABC News reported.
Trump's warning came a day after the European Union announced plans to impose tariffs on USD 28 billion worth of US goods, including a 50 per cent tariff on whiskey. The EU's move was a response to previous US duties on steel and aluminum imports, which have been a point of contention in transatlantic trade relations.
Trump urged the EU to withdraw its tariff on whiskey, stating that if it remained in place, the US would "shortly place" retaliatory tariffs on alcohol pr...
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