Economy

“Trump tariffs… threatens 200% tariff on European wine, champagne”

“…European Union: The EU has responded to those metals duties with counter-tariffs on $28 billion in US goods from April, bringing Trump’s trade war across the Atlantic. Trump has threatened targeted tariffs on the bloc of European countries, and he vowed to respond to those counter-tariffs. Most notably, on Thursday, he threatened a 200% tariff on “wines, champagnes, and alcoholic products” if the EU did not remove a tariff on imported US whisky…”

https://finance.yahoo.com/news/live/trump-tariffs-live-updates-trump-threatens-200-tariff-on-european-wine-champagne-191201568.html

Europe will fold just like Canada and Mexico. This is actually very entertaining to see. The days of ripping America off are over. No more free rides. Everyone talks tough but in the end they cave.

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