<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>US President Donald Trump has threatened a 200 per cent tariff on European wine, champagne and spirits if the European Union goes forward with a planned tariff on American whiskey.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The European tariff was expected to go into effect on April 1.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Trump in a social media posting called the EU "one of the most hostile and abusive taxing and tariffing authorities in the World, which was formed for the sole purpose of taking advantage of the United States".</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE: </span></strong><a href="https://www.9news.com.au/national/leonardo-dicaprio-slams-albanese-government-for-backing-mine-expansion/f33aac72-af98-4ce4-8073-daf014e58b85" rel="" target="" title=""><strong><span>PM takes swipe at Hollywood star over critical social media post</span></strong></a><span></span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"If this Tariff is not removed immediately, the US will shortly place a 200% Tariff on all WINES, CHAMPAGNES, &amp; ALCOHOLIC PRODUCTS COMING OUT OF FRANCE AND OTHER EU REPRESENTED COUNTRIES," Trump said. </span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"This will be great for the Wine and Champagne businesses in the US."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The Republican president had signalled on Wednesday that he intended to take the action.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/world/donald-trump-update-us-president-threatens-retaliatory-european-wine-tariff-after-eu-whiskey-proposal/a4a5f94a-33f3-4ebe-baa0-9a54ea126383" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"Of course I will respond," Trump told reporters during an Oval Office exchange with reporters.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><em><span>More to come.</span></em><span></span></div></div>