Trump threatens Portuguese wine with 200% tariffs. Exports to the US worth over 100 million

Portuguese wine is in the target of US tariffs. Donald Trump threatened this Thursday to impose tariffs of 200% on “all wines, champagne and alcoholic products”, a measure that will directly affect the Portuguese wine sector, which has the US as its second largest export market.

“The European Union, one of the most hostile and abusive tax and tariff authorities in the world, which was formed with the sole purpose of taking advantage of the United States, has just imposed an unpleasant 50% tariff on whisky. If this tariff is not removed immediately, the US will soon place a 200% tariff on all wines, champagnes and alcoholic products coming out of France and other EU countries”, Trump announced on Truth Social.

According to data from ViniPortugal, last year the United States strengthened its position as the second largest export market for Portuguese wines, with a growth of 2% to 102.1 million euros. France remained the main destination.

In the same publication, the US President emphasised that, if confirmed, these new tariffs are “great for the wine and champagne business in the US”.

This is yet another episode in the tariff war, in the week in which new tariffs on steel and aluminium came into force, with Donald Trump continuing to threaten new tariffs on other product groups and regions.

On Wednesday, the European Union announced a package of countermeasures worth 26 billion euros on products imported from the US, such as bourbon whiskey, motorbikes and boats, in direct response to the 25% tariffs on European steel and aluminium imposed by the Trump administration that have already come into force and will have an impact of around 28 billion euros.