Donald Trump is starting off his morning by doing something he’s done quite often, which is threaten tariffs on major US trading partners.
The latest salvo is aimed at the European Union and their alcoholic beverage industry, particularly France and its world-renowned vineyards. Trump says he’ll put tariffs on what the bloc exports to the United States, after the EU yesterday imposed their own levies on American whiskey in retaliation for Trump’s tariffs on imports of aluminum and steel.
The escalatory tit-for-tat is why these things are referred to as trade wars. Here’s what Trump wrote, on Truth Social:
The European Union, one of the most hostile and abusive taxing and tariffing authorities in the World, which was formed for the sole purpose of taking advantage of the United States, has just put a nasty 50% Tariff on Whisky. If this Tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER E.U. REPRESENTED COUNTRIES. This will be great for the Wine and Champagne businesses in the U.S.
I feel miffed at this.
My country makes and exports better wines and spirits than France and nobody remembers us. I want to see the Orange Avenger being miffed at Portugal! I want tariffs on Porto and Madeira wines imports! Try and get those anywhere else!