Alcohol Tarriffs INCOMING! Stock Up Now.

Alcohol Tarriffs INCOMING! Stock Up Now.

President Donald Trump is threatening a massive 200 percent tariff on champagne and wine from Europe in the latest escalation of a bitter trade war.

The president lashed out at the 'nasty' European Union after it announced tariff hikes on American imports in retaliation for Trump's increases on steel and aluminum.

The tit-for-tat measures have raised the stakes in Trump's ongoing trade war, sparking fears of a recession in the United States and a shock to the global economy.

In his latest salvo Trump threatened 'a 200% Tariff on all wines, champagnes, & alcoholic products' after the EU raised tariffs on American goods including whiskey.

Many Republican states in the U.S. produce whiskey.