Trump Vows 200% Tariffs on French Champagne #TrumpTariffThreat #FrenchChampagneCrisis

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Trump Threatens to Put 200% Tariff on French Champagne and Other EU Spirits.

Former President Donald Trump has reignited trade tensions with Europe, threatening to impose a staggering 200% tariff on French champagne and other European Union spirits. The move comes amid ongoing disputes over agricultural subsidies and digital taxes, which Trump argues unfairly disadvantage American industries.

EU leaders condemn the threat as “reckless” and warn of immediate retaliation should tariffs materialize. Brussels highlights the potential economic fallout, noting that luxury goods exports are vital to several member states’ economies. Producers fear widespread disruptions, urging swift resolution before holiday sales seasons begin.

Critics accuse Trump of using tariffs as leverage in broader geopolitical battles, risking damage to transatlantic relations. Supporters claim the measures protect domestic winemakers and distillers from unfair competition. Economists caution that escalating trade wars could harm consumers globally through higher prices and reduced choices.

As negotiations teeter on the brink, businesses brace for volatility while hoping cooler heads prevail soon.

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