Champagne tariff threatened by Trump
Donald Trump has escalated the transatlantic trade dispute, threatening a 200% tariff on all alcoholic products from the EU, including French wine and Champagne.
Trump took to Truth Social to criticise the EU as “one of the most hostile and abusive taxing and tariffing authorities in the world,” following its 50% tariff on whisky. “If this tariff is not removed immediately, the U.S. will shortly place a 200% tariff on all wines, Champagnes, and alcoholic products coming out of France and other EU countries,” he wrote. “This will be great for the wine and Champagne businesses in the U.S.”
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Read MoreThe U.S. is one of the biggest importers of European wine and spirits, making the sector a significant bargaining chip. French wine exports, which were hit by tariffs during Trump’s first term, could suffer again under this latest threat.
Trump argues tariffs are necessary to secure fairer trade deals for American companies. The EU, a bloc of 27 nations, strictly regulates market access, frustrating U.S. attempts to expand exports. Recently, Trump’s administration imposed 25% tariffs on EU steel and aluminium, with further tariffs expected on 2 April. In response, the EU announced retaliatory tariffs on $28 billion worth of U.S. goods, coming into force on 1 April, affecting steel, aluminium, textiles, appliances, and agricultural products.
European Commission President Ursula von der Leyen warned the tariffs would have serious economic consequences: “Jobs are at stake. Prices will go up in Europe and in the U.S. Tariffs are taxes. They disrupt supply chains and bring economic uncertainty.”
U.S. Commerce Secretary Howard Lutnick defended Trump, telling Bloomberg TV that the president was responding “with strength and power” to unfair trade measures. He argued that while international products are widely available in the U.S., American goods face barriers abroad.
With Trump’s 200% tariff threat looming over Champagne and other EU beverages, tensions between Washington and Brussels continue to mount, with businesses and consumers bracing for economic fallout.
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