Summary
Donald Trump announced a planned 200% tariff on French and EU alcoholic beverages in response to the European Union’s decision to reinstate tariffs on American whiskey.
Trump accused the EU of unfair trade practices and demanded an immediate reversal of its 50% whiskey tariff.
The EU’s move is part of broader retaliation against U.S. steel and aluminum tariffs.
The dispute has rattled liquor stocks, with major European brands like LVMH and Remy Cointreau dropping, while U.S. alcohol stocks, including Jack Daniels’ parent Brown-Forman, also declined.
[Some]Americans: Vote for Donald Trump because they’re upset about the high cost of living
Trump: Does everything in his power to increase the cost of …everything
And there is zero resistance from the entirety of the rest of the US, there is no one there able to see how these are acts of self destruction on a very large scale and the reputational damage is becoming irreversible.
Because resistance takes effort…! Loki was right. Subjugation is their natural state.
Took his sweet time to realize he could put +100% tariffs.
It’s fine tho, we’ll sell our high quality liquors to other markets. See? The problem with putting tariffs to the whole world is that the whole world answers in kind. But only against you, wno started the tariffs. We can sell our liquors to Asia, to Canada or to Australia just fine. But your whiskey is right now nuclear waste; nobody wants it.
He also said these tariffs would do wonders for the American champagne industry ignoring the fact that by definition champagne can only come from France.
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Do it.
DO IT! MORE CHAMPAGNE AND SPIRITS FOR US!
He doesnt apprecheate taste either way. Wouldnt even recognise it if it would shoot him
Next month: 1000% tariffs, and blame Europe for the high prices. Wouldn’t surprise me if he wants to go too war with Europe.