Trump threatens to put a 200 % tariff on French champagne and other souls of the European Union

president Donald Trump He said on Thursday that he plans to put a 200 % tariff on alcohol from France and other European countries in the latest escalation of global trade tensions.

The US tariff comes after the European Union moved to a re -tax on American whiskey.

“The European Union, one of the most bad tax and definition authorities in the world, which has been formed for the only purpose of benefiting from the United States, has just put a bad tariff on whiskey. Trump said in the United States. Social truth.

On Tuesday, the European Commission, the European Union Executive Authority, announced that it was decreasing against American definitions on steel and aluminum by Comment On the previous fees on American goods, including whiskey, and the imposition of new goods. These changes will enter into force in April.

“The European Union for Consumer and Business Protection should be behaved. The counter measures we take today are strong, but they are commensurate,” said Ursula von der Lin, President of the European Commission, on Tuesday.

Trade Minister Howard Lootnick said on Thursday on Bloomberg TV that Trump was “completely annoyed” with the actions of the European Union, which led to the last threat.

The United States is still planning to announce an additional round of alleged mutual definitions in April. European countries are expected to be affected by these measures as well.

“Their tariff is here, and there are our definitions here,” Lootnick said on Thursday from the European Union.

On Thursday, the news appears to have pressed European alcohol stocks, which were already struggling recently.

Paris shares Hennessy Louis Vuitton mustThe largest luxury brand company in the world and headed by billionaire Bernard Arnolt, the richest man in Europe, fell for the ninth day on Thursday and fell about 13 % since the end of February. Remy Cointreau It declined for the third day, which led to losing more than 11 % in this extension. Burnoud Ricard It was also weakened for the third day, and more than 7 % have decreased since the closure of Monday.

The trade war seems to have also taken a bite of alcohol stocks. Jack Daniels shares of the father Brown Foreman 5.9 % decreased this week despite the rise on Thursday.