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Trump threatens tariffs on European wine and spirits in escalating trade war
//food-wine.news-articles.net/content/2025/04/20 .. an-wine-and-spirits-in-escalating-trade-war.html
Published in Food and Wine on Sunday, April 20th 2025 at 1:08 GMT by Reuters
Published in Food and Wine on Sunday, April 20th 2025 at 1:08 GMT by Reuters

WASHINGTON (Reuters) -U.S. President Donald Trump on Thursday threatened to slap a 200% tariff on wine, cognac and other alcohol imports from Europe, opening a new front in a global trade war that has roiled financial markets and raised recession fears. Stocks fell on the news, as investors worried that Trump would enact stiffer trade barriers around the world's largest consumer market. "The Entire World is RIPPING US OFF!!!" Trump wrote on his Truth Social platform.

Read the Full Reuters Article at:
[ https://www.aol.com/news/trump-threatens-200-wine-tariff-121105111.html ]
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