EU tariff spat warming up

Investment Analysis Clubs Macro Economic Trends and Risks
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In full flight now, dignified and respectful as ever…

In a post on Truth Social, Trump said his administration would impose a 200% tariff on alcoholic beverages from the EU unless it rescinds the 50% tariff the European government imposed Wednesday on US spirits.

“If this Tariff is not removed immediately, the U.S. will shortly place a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER E.U. REPRESENTED COUNTRIES,” Trump said. “This will be great for the Wine and Champagne businesses in the U.S.”

Gee we may have to drink that stuff ourselves while you may resort to bubbly from America‘s Champagne region.

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Well, if EU hooch is taxed out of the US, then USians will have to drink the USian hooch that isn’t being shipped to Canada anymore, because the Canadians are so pi$$ed at the US they won’t drink it.

Steve

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Nah. Kentucky burbon.

DB2

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People drink that or clean their toilets with it?

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Both–at the same time.

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