The CEO of the Distilled Spirits Council of the United States on Wednesday warned that a European whiskey tariff would be “very, very devastating.” “We’ve just gotten the news early, early this morning,

Trump said he would up the ante after the E.U. imposed its own 50% tax on American whiskey, a move that itself was a response to the White House tariff on European steel and aluminum.

WASHINGTON (AP) — President Donald Trump on Thursday threatened a 200% tariff on European wine, champagne and spirits if the European goes forward with a planned tariff on American whiskey. The European tariff was expected to go into effect on April 1.