Trump's threat of a 200% tariff on European wine is the dumbest thing he's ever proposed.

[spidermike007]

The US wine industry is already suffering on multiple fronts, and now this guy suggests just another way to destabilize the economy and create more unemployment. The US is one of the world centers for wine sales, and with this proposal he will make London the world center of wine, in just one stroke of the pen. That is light years beyond dumb. 

 

Many of us thought that Trump was unhinged, unstable and at least partially insane, but the last two months have proven that theory to a startling degree. His latest threats to put a 200% tariff on imported wine from Europe is so spectacularly dumb, so phenomenally ignorant, and so devoid of reason and common sense.

 

It could cost the US tens of billions of dollars in lost revenue, the wine industry in the US is very dynamic and the domestic industry is just a small part of it. The entire industry is intertwined, a concept that Trump's tiny brain could never comprehend.

 

Holly Seidewand, owner of First Fill Spirits, a shop in Saratoga Springs, New York, said before Trump threatened the tariffs on European alcohol, the spirits industry was already reeling from layoff announcements in the Kentucky Bourbon sector and the tariffs planned by the EU on American spirits.

“This ongoing tariff war doesn’t just harm importers — it weakens domestic brands, disrupts distributors, and squeezes retailers who rely on global selections,” she said. “In the end, consumers will bear the brunt of it all.”

 

Gabriel Picard, who heads the French Federation of Exporters of Wines and Spirits, said 200% tariffs would be “a hammer blow” for the sector. He said the U.S. market is worth 4 billion euros ($4.3 billion) annually for French exporters of wines and spirits.

 

“Not a single bottle will continue to be expedited if 200% tariffs are applied to our products. All exports to the United States will come to a total, total, halt,” Picard said in an interview with The Associated Press. “With 200% duties, there is no more market.”

 

As of now, Europe seems unwilling to back down.

“Trump is escalating the trade war he has chosen,” Laurent Saint-Martin, the French delegate minister for foreign trade, said on X. “France, together with the European Commission and our partners, is determined to fight back. We will not give in to threats and will always protect our industries.”

 

Trump’s latest tariff threats suggested that even companies that have publicly stood by him could be collateral damage, raising questions about whether the wider business community would be willing to openly challenge a series of trade wars that have hurt the stock market and scared consumers who worry about inflation worsening.

 

https://apnews.com/article/trump-tariffs-eu-whiskey-cb259623a25ca1bfdb4673262ceef85b
 

[NickyLouie]

Actually no, they depend on the Huuugeeeeee market in USA for their wines 

 

you know 0 about economics .....

 

Watch them cave in 

[candide]

Dumbest thing? Maybe for the time being....

[Yagoda]

https://finance.yahoo.com/news/20-best-selling-wine-brands-152705198.html

 

No French swill on that list. Italian wines though, too bad they are usually cool. Cant wait to hear the French scream

[ronnie50]

I was in the US a month before the election. Hadn't been for a few years. Anyway, I like Australian wine, and went to a Safeway (supermarket) and they had lots of wine, but 99% of it was US wine (I don't like the taste). So I just bought some beer. Later the same day I was in a Wallgreen's - an American chain of big 'drug stores' (Very large pharmacies that sell lots of things aside from prescriptions). Again, They had two huge rows of wine and again only American wine. I wasn't in a big city, so I'm sure in LA or NYC it would be easier to find non-US wine, but I was disappointed. Oh, and the Wallgreen's had a massive rack of cigarette brands in plain sight behind the cashier, which was an odd thing to see coming from Thailand.  But there ya go. 'American Freedoms'. You can sell smokes and booze in a pharmacy - but only 'Merican brands. Neither place sold Johnny Walker whisk(e)y either.

[NickyLouie]

4 minutes ago, ronnie50 said:

I was in the US a month before the election. Hadn't been for a few years. 

 

Ohio 

[spidermike007]

13 minutes ago, ronnie50 said:

I was in the US a month before the election. Hadn't been for a few years. Anyway, I like Australian wine, and went to a Safeway (supermarket) and they had lots of wine, but 99% of it was US wine (I don't like the taste). So I just bought some beer. Later the same day I was in a Wallgreen's - an American chain of big 'drug stores' (Very large pharmacies that sell lots of things aside from prescriptions). Again, They had two huge rows of wine and again only American wine. I wasn't in a big city, so I'm sure in LA or NYC it would be easier to find non-US wine, but I was disappointed. Oh, and the Wallgreen's had a massive rack of cigarette brands in plain sight behind the cashier, which was an odd thing to see coming from Thailand.  But there ya go. 'American Freedoms'. You can sell smokes and booze in a pharmacy - but only 'Merican brands. Neither place sold Johnny Walker whisk(e)y either.

The supermarkets don't have a particularly good selection of wine, anyway at least not good wine. There are wine shops and liquor stores throughout the US that have astonishing selections of very good French, Italian, Spanish and other imported wines. 

[Walker88]

Dumb as that is, the clown has out shined himself in the past.

 

How about his proposal to nuke hurricane Maria?

 

Or inject disinfectant to cure Covid?

 

There's dumb, and there's MAGA-dumb, and the difference is like an angstrom to a parsec. POTUS is dealing in parsec-level dumb.

[it is what it is]

14 minutes ago, Walker88 said:

Dumb as that is, the clown has out shined himself in the past.

 

How about his proposal to nuke hurricane Maria?

 

Or inject disinfectant to cure Covid?

 

There's dumb, and there's MAGA-dumb, and the difference is like an angstrom to a parsec. POTUS is dealing in parsec-level dumb.

 

he wouldn't get away with it if there weren't so many dumb people blindly supporting him

[spidermike007]

14 hours ago, Walker88 said:

Dumb as that is, the clown has out shined himself in the past.

 

How about his proposal to nuke hurricane Maria?

 

Or inject disinfectant to cure Covid?

 

There's dumb, and there's MAGA-dumb, and the difference is like an angstrom to a parsec. POTUS is dealing in parsec-level dumb.

His dumbness seems to be increasing over time. Likely due to his increasing level of insanity and senility.

 

 

[RayC]

I'm all in favour of this move. For those of us in the rest of the world, other things being equal, the price of Bordeaux Grand Crus should reduce (due to the increased supply). Who knows, I might also now be able to buy a decent Burgundy without having to mortgage the house.

 

Bravo,Mr. President (or as I believe you colonials say, "Way to go, Don").

[SiSePuede419]

 

Among Trump’s first actions at the outset of his second term was to order the treasury to establish an “External Revenue Service” to collect tariff revenue that would enable the US to pay down its debt and reduce taxes.

Howard Lutnick, Trump’s secretary of commerce, said on Fox News in late February that the goal of the External Revenue Service “is very simple: to abolish the Internal Revenue Service and let all the outsiders pay”.

 

In other words: the US will raise so much money from Trump’s tariffs that Americans will no longer need to pay income taxes.

 

The first problem with this is mathematical. America raises about $3tn each year from income taxes. The nation also imports about $3tn worth of goods each year.

 

Brilliant! 

We can eliminate income taxes.

If we just double the cost of EVERYTHING we import.

"Stable Jenius at work."

And no one has the balls anymore.

To tell him he's an ignorant fool.

He has NO IDEA that Americans pay tarrifs INTERNALLY.

Other countries don't pay one single penny.

Not one.

😀😃😄😁😆😅😂🤣😭