Trump Is Threatening a 200% Tariff on Wine and Liquor From the EU — Here's What That Means for You

On March 13 Trump threatened to impose a 200% tariff on wine and liquor imported from the European Union. The potential tariff is in response to the EU’s proposed tariff on American whiskey. If the tariff on European wine and liquor goes into effect, it will likely pass extreme costs on to consumers.

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