France, March 14 -- President Trump has again turned to tariffs as a weapon in international trade disputes, this time threatening a hefty 200 percent levy on wine, champagne, and other alcoholic products from the European Union.
His latest salvo was a response to the European Union's unveiling of tariffs on $28 billion in US goods, to be imposed in stages starting in April.
The EU measures - including a 50 percent tariff on American whiskey - were a tit-for-tat measure against Trump's levies on steel and aluminum imports that took effect Wednesday.
"If this Tariff is not removed immediately, the US will shortly place a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER E.U. REPRESENTED COUNTRIES,...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.