Bottles of French wine are displayed for sale in a liquor store. President Donald Trump on March 13 threatened to impose a massive tariff on European alcohol in response to the European Union’s retaliation against his steel and aluminum tariffs – a tit-for-tat escalation of a trade war that could easily get out of hand.
Mandatory Credit: Mario Tama/Getty Images via CNN Newsource
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Trump threatens 200% tariff on European alcohol as trade war escalates
President Donald Trump on Thursday threatened to impose a massive tariff on European alcohol in response to the European Union’s retaliation against his steel and aluminum tariffs – a tit-for-tat escalation of a trade war that could easily get out of hand.
