U.S. President threatened to hit French wines and champagnes with 200% tariffs in an apparent effort to cajole French President Emmanuel Macron into joining his Board of Peace initiative aimed at resolving global conflicts, writes Reuters.
“Donald Trump’s initiative, which would start by addressing Gaza and then expand to deal with other conflicts, raises questions about the role of the United Nations and a source close to Macron said the French president intended to decline the invitation to join. When asked about Macron’s stance, Trump said, “Did he say that? Well, nobody wants him because he will be out of office very soon. I’ll put a 200% tariff on his wines and champagnes, and he"ll join, but he doesn"t have to join”.
Macron is due in Davos for the day on Tuesday before a scheduled return to Paris in the evening.
Elysee aides have said there are no plans to extend his stay to Wednesday, when Trump arrives in the Swiss mountain resort town.
In another shot at the French leader, Trump published a private message from Macron in which he said he did not understand Trump’s actions over Greenland. France holds an election to replace Macron in 2027.
Wines and spirits exported to the United States from the EU currently face a 15% tariff - a rate the French have been lobbying hard to reduce to zero since Trump and European Commission President Ursula von der Leyen agreed a U.S.-EU trade deal in Scotland last summer. The United States is the largest market for French wine and spirits, with shipments at 3.8 billion euros in 2024.