United States President, Donald Trump, on Thursday, threatened to impose 200 percent tariffs on wine, champagne and other alcoholic beverages from European Union countries, in retaliation against the bloc’s planned levies on American-made whiskey.
Trump has launched trade wars against competitors and partners alike since taking office, wielding tariffs as a tool to pressure countries on commerce and other policy issues.
His latest salvo was a response to the European Union’s unveiling of tariffs on $28 billion in US goods, to be imposed in stages starting in April.