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Champagne supernova

14 March 2025 10:52 RaboResearch

Brussels’ response to Trump’s steel and aluminium tariffs has put the European Union in the US president’s crosshairs. Europe announced a 99-page list of American-made goods that may be subject to rebalancing tariffs from April 1, including motor cycles, food & agriculture products, and clothing. President Trump, of course, was not amused. He claims that the EU has imposed “a nasty 50% tariff on whisky,” adding that the US will shortly counter this with “a 200% Tariff on all WINES, CHAMPAGNES, & ALCOHOLIC PRODUCTS” unless the EU removes its tariffs immediately.

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Non Independent Research - This document is issued by Coöperatieve Rabobank U.A. incorporated in the Netherlands, trading as “Rabobank” (“Rabobank”) a cooperative with excluded liability. Read more