Tue, April 22, 2025
[ Tue, Apr 22nd 2025 ]: Forbes
Virginia Wine Goes To Paris
Mon, April 21, 2025
Sun, April 20, 2025
Sat, April 19, 2025

Trump threatens tariffs on European wine and spirits in escalating trade war

In a recent development, former President Donald Trump has threatened to impose a 200% tariff on French wine and other European goods in response to France's proposed digital services tax, which primarily targets U.S. tech giants like Google, Amazon, and Facebook. Trump's threat, made via a tweet, aims to protect American companies from what he perceives as unfair taxation by France. This move could significantly impact the wine industry, as the U.S. is a major importer of French wine. The proposed tariff is part of a broader trade dispute between the U.S. and the European Union, with potential repercussions for global trade relations.

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