U.S. proposes 200% tariff on EU alcohol imports in trade escalation

In his Twitter post, Trump wrote ‘the European Union, one of the most hostile and dishonest tax and tariff authorities in the world which was formed to sole purpose of taking advantage of the United States, has just put a nasty 50% tarrifs on Whisky’. He threatened to impose tariffs of 200% on European alcohol if they were not lifted immediately.

How badly will such tariffs hit European alcohol producers?