Trump threatened to impose a 200% tariff on European alcohol if the European Union does not abandon its planned tax on ...

WASHINGTON (AP) — President Donald Trump on Thursday threatened a 200% tariff on European wine, Champagne and spirits if the ...

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The European Union announced 50% tariffs on whiskey, a measure Trump decried as "nasty" and responded to by threatening 200% tariffs on EU alcohol.

President Trump has upended global markets by imposing tariffs on imports from several of America's top trading partners.

On Thursday morning, President Trump posted on Truth Social that if the EU didn't remove a 50% tariff on whiskey, the US would place a 200% tariff on wine, champagnes, and other alcoholic products.

We've been here before, and it's chaos. President Trump's first trade war with China cost American taxpayers $60 billion.

Most economists agree that tariffs are self-defeating because countries often retaliate with their own tariffs.