Donald Trump has threatened a 200% tariff on wine and champagne from European Union countries, in the latest threat of escalation in the global trade war started by the US president against the country’s biggest trading partners.
Trump said in a post on Thursday on his Truth Social platform that the tariffs on all alcoholic products from the bloc would be retaliation for a “nasty” 50% levy on bourbon whiskey announced by the EU.
The EU’s action against bourbon whiskey – due to come into force on 1 April – was itself part of a €26bn response to Trump’s 25% tariffs on steel and aluminium imports, which came into effect on Wednesday.
how’s he going to explain this to his constituents? i mean, didactically. how is he going to explain the basic math to his constituents
You can only explain something you understand yourself…