Trade dispute
Trump threatens 200 percent tariffs for wines and champagne from EU
US President Donald Trump wants to punish the EU for its whiskey tariffs. His threat of providing alcoholic beverages with 200 percent criminal offenses, there is a country, especially one country.
US President Donald Trump threatens the EU in response to their customs surcharges on US Whiskey with tariffs of 200 percent on wine, champagne and other alcoholic beverages. In an entry in his online network Truth Social, Trump mainly targeted French products. The EU tariffs would have to be withdrawn “immediately”, he demanded on Thursday. France immediately explained his willingness to “resign”.
On Wednesday night on Wednesday, Trump’s US import duties decided on steel and aluminum products of 25 percent came into force. It is the first tariffs of his second term, of which the EU and its member countries are directly affected. Brussels immediately reacted to selected US products such as jeans, whiskey and motorcycles, which are supposed to take effect from April 1st.
Trump emphasized the planned 50 percent surcharge on US Whiskey-this customs is “bad”, he wrote. Once again he insulted the EU as “one of the most hostile and abusive tax and customs authorities in the world”. It was only founded for the purpose of using the United States. On Wednesday, the US spirits association Destilled Spirits Council had already reacted: The tariffs planned by the EU would “have a negative impact on the distilleries and farmers in the states”.
Donald Trump wants to force concessions with punitive tariffs
The EU tariffs are the same that had already been introduced during Trump’s first term in response to US premiums on steel and aluminum. They are supposed to meet the US states that are particularly republican. At that time, the surcharges on US Whiskey resulted in a decline in whiskey exports to the EU by 20 percent-however, exports then increased by almost 60 percent after the tariff in 2021.
Trump relies on imports to force concessions and ultimately strengthen the US economy. The French foreign trade minister Laurent Saint-Martin said on Thursday: “We will not give in to the threats and always protect our production chains.”
The association of French wine and spirits exporters criticized that its member companies were “sacrificed” in the trade dispute. The tariffs announced by the EU on US Whiskey “moved us directly into the crosshairs of the US President,” said CEO Nicolas Ozanam of the AFP news agency.
“Bad for business and even worse for consumers”
The United States is the most important market for French exporters primarily of wine and cognac. Last year, sales had increased by five percent, a total of 3.8 billion euros. So far, according to the world trade organization, no tariffs on wines and spirits from the EU have been raised on the EU, with the exception of two percent on sparkling wines.
A spokesman for the EU Commission emphasized on Thursday before Trump’s new announcement that the EU was “ready”-no matter what was coming. She had prepared “for more than a year” for this situation. He confirmed that the EU regrets the introduction of the 25 percent surcharges on steel and aluminum. EU Commission President Ursula von der Leyen had emphasized on Wednesday that the United States is “bad for business and worse for consumers”.
AFP
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Source: Stern
I have been working in the news industry for over 6 years, first as a reporter and now as an editor. I have covered politics extensively, and my work has appeared in major newspapers and online news outlets around the world. In addition to my writing, I also contribute regularly to 24 Hours World.
