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Al Jazeera
Al Jazeera
Business

Trump vows 200% retaliatory tariff on European wine and spirits

Bottles of wine are seen on display for sale in a wine shop in Paris, France, as US President Donald Trump threatened steep tariffs on imports of European alcohol [File: Stephanie Lecocq/Reuters]

United States President Donald Trump has warned he will impose tariffs of 200 percent on wine, champagne and other alcoholic products from European Union countries if the bloc goes ahead with a planned tariff on US whiskey.

The EU announced tariffs on $28bn in US goods, including a 50 percent levy on US bourbon whiskey, on Thursday in retaliation after US tariffs on steel and aluminium imports came into effect the previous day.

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