President TrumpDonald John TrumpHouse panel seeks to dam Pentagon funds for border wall Giuliani evokes Joseph McCarthy in criticism of Pelosi Giuliani evokes Joseph McCarthy in criticism of Pelosi MORE on Monday advised he could take motion to deal with what he deems an unfair tariff imbalance on wine imports and exports with France.
The president was defending his use of tariffs in opposition to China throughout an interview with CNBC when he cited different examples the place he believes the U.S. is being handled unfairly on commerce.
“You already know, France costs us rather a lot for the wine and but we cost them little for French wine,” Trump mentioned.
The president claimed that winemakers in California complained to him that French wine will be imported at little value, however that they should pay excessive duties to export their merchandise into France.
“And you already know what, it’s not truthful,” Trump mentioned. “We’ll do one thing about it.”
France doesn’t set its personal tariffs on wine — the duties are decided by the European Union. Because of this, any tariffs imposed by the U.S. would apply to the complete buying and selling bloc.
Trump, who doesn’t drink alcohol, has raised the difficulty up to now. He tweeted in November that France “makes it very exhausting for the U.S. to promote its wines into France, and costs huge Tariffs, whereas the U.S. makes it straightforward for French wines, and costs very small Tariffs.”
On Commerce, France makes glorious wine, however so does the U.S. The issue is that France makes it very exhausting for the U.S. to promote its wines into France, and costs huge Tariffs, whereas the U.S. makes it straightforward for French wines, and costs very small Tariffs. Not truthful, should change!
— Donald J. Trump (@realDonaldTrump) November 13, 2018
Trump met final week with French President Emmanuel MacronEmmanuel Jean-Michel MacronTrump administration imposes sanctions on Iranian petrochemical group Trump administration imposes sanctions on Iranian petrochemical group Six notable moments from Trump’s Europe journey MORE following a ceremony in Normandy to commemorate the 75th anniversary of the D-Day invasion. It is unclear if the two males mentioned tariffs, or wine tariffs particularly, throughout their bilateral assembly.