The head of the EU industry hopes Bourbon will be spared in response to the prices of Trump – Politico

Trump then threatened to hit European alcohol products with a massive 200%rate. Such a measure could decimate industry and would disproportionate France, one of the largest European alcohol exporters.

The French government has been urging the European Commission to spare the Bourbon for weeks. Last week, French President Emmanuel Macron hinted at the fact that France obtained what it wanted, noting that “difficulties that may have arisen in the first versions of the lists were corrected”.

As a European commissioner, Séjé should act on behalf of the entire EU and not represent the interests of France specifically.

Souvnée said Brussels should respond proportionally to the 20% of prices between interest on EU products that Trump unveiled last week.

Stayed said the EU had several ways to put pressure on America using the EU anti-coercion instrument, although it noted that some could also harm European companies. An option he discussed – and described as an “economic bazooka” – excludes American companies to participate in European public offers.

“Obviously, it would have major impacts for American companies … To use the vocabulary of Donald Trump, we also have the cards, so we have tools to make Americans look,” he added.