President Donald Trump threatened to enforce 200% tariffs on French red wines and champagnes after French President Emmanuel Macron apparently decreased to join his Gaza ‘Board of Peace’ effort.
When press reporters in Miami notified Trump about Macron’s position, the president appeared shocked. Trump stated, “Did he state that? Well, no one desires him since he will run out workplace really quickly.”
He included that if France turns hostile and he would enforce a 200% tariff on their red wines and champagnes, and Macron would sign up with. “However he does not need to sign up with,” Trump stated.
The president likewise took a swipe at Macron by sharing a personal message from the French leader, on Fact Social early Tuesday, in which Macron revealed his confusion over Trump’s Greenland aspirations.
Trump Broadens ‘Board of Peace’ Push
Trump’s ‘Board of Peace’ effort, which intends to cultivate stability and peace in Israel-Gaza and conflict-affected locations, needs countries to make a minimum contribution of $1 billion to protect an irreversible seat.
The effort has actually been broadening its worldwide footprint, with nations like Hungary and Vietnam accepting invites to sign up with. Russian President Vladimir Putin and Indian Prime Minister Narendra Modi have actually likewise been welcomed to sign up with.
Europe Deals With Fresh Tariff Threats
Trump’s relocate to take advantage of tariffs to promote worldwide cooperation remains in line with his previous trade techniques. In early 2025, the president had actually threatened a 200% tariff on French champagne and EU spirits in retaliation for the EU’s tariff on U.S. scotch. U.S. stays the biggest market for French alcohol exports. According to information from consultancy company Del Rey AWM, in the very first half of 2025, France exported 628.2 million litres of red wine worth Euros 5.53 billion ($ 6.49 billion), reported Vinteur in August.
On The Other Hand, Goldman Sachs economic expert Giovanni Pierdomenico cautioned that Europe’s financial outlook might come under restored pressure after President Trump threatened sweeping tariffs on imports from 8 European nations unless talks start over the proposed purchase of Greenland.
Disclaimer: This material was partly produced with the aid of AI tools and was examined and released by Benzinga editors.
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