- cross-posted to:
- [email protected]
- cross-posted to:
- [email protected]
Donald Trump has threatened a 200% tariff on wine and champagne from European Union countries, in the latest threat of escalation in the global trade war started by the US president against the country’s biggest trading partners.
Trump said in a post on Thursday on his Truth Social platform that the tariffs on all alcoholic products from the bloc would be retaliation for a “nasty” 50% levy on bourbon whiskey announced by the EU.
The EU’s action against bourbon whiskey – due to come into force on 1 April – was itself part of a €26bn response to Trump’s 25% tariffs on steel and aluminium imports, which came into effect on Wednesday.
the only thing that suprised me is that he actually knows that tarifs can be more than 100%
he said 100% tariffs with his pinky pointing to the edge of his mouth, then a staffer told him higher is possible
To be fair, it may just be Stopped Clock Syndrome, as he doesn’t understand that some things can’t be greater than 100%