Trump threatens EU wine and spirit tariff as trade war escalates

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Trump threatens EU wine and spirit tariff as trade war escalates - BBC Business

Quick Summary:

Wine and spirits will be taxed, Trump says, if the EU does not remove tariffs on US whiskey.

US President Donald Trump has 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.

The latest clash came after new US tariffs on steel and aluminium came into effect on Wednesday, hitting imports of the metals with a blanket duty of 25% and ending exemptions from the duties that the US had previously granted for shipments from some countries, including from the EU and Canada.