President Donald Trump has issued a stark warning of potential 200% tariffs on French wines and champagnes following the reported refusal of French President Emmanuel Macron to join his proposed initiative, the “Board of Peace,” focused on the Gaza conflict. During a press interaction in Miami, Trump expressed surprise at Macron’s stance, stating, “Did he say that? Well, nobody wants him because he will be out of office very soon.”
In his remarks, Trump suggested that should France adopt a hostile posture, he would impose the hefty tariffs, implying that Macron’s participation in the initiative could change the situation. “But he doesn’t have to join,” he added, indicating a level of disdain for the French leader. Trump further criticized Macron by sharing a private message on Truth Social, where Macron conveyed his confusion over Trump’s interest in acquiring Greenland.
Expanding the Board of Peace Initiative
The “Board of Peace” initiative aims to foster stability in Israel and Gaza, requiring participating nations to contribute a minimum of $1 billion to secure a permanent seat. This initiative has started to attract attention, with countries such as Hungary and Vietnam accepting invitations to participate. Notably, leaders like Russian President Vladimir Putin and Indian Prime Minister Narendra Modi have also been invited, indicating a broader international engagement.
European Trade Relations at Risk
Trump’s latest tariff threats align with his historical approach to trade negotiations, which have often involved leveraging tariffs as a tool for international diplomacy. In early 2025, he had similarly threatened a 200% tariff on French champagne and other European spirits in response to the EU’s tariffs on U.S. whiskey. The United States continues to represent the largest market for French liquor exports. According to consultancy firm Del Rey AWM, in the first half of 2025, France exported 628.2 million litres of wine valued at €5.53 billion (approximately $6.49 billion), as reported by Vinteur.
In light of these developments, Goldman Sachs economist Giovanni Pierdomenico has cautioned that the economic outlook for Europe could face renewed challenges if Trump proceeds with his tariff threats against eight European nations. The implications of such tariffs could significantly impact trade dynamics and economic relations between the United States and Europe.
As the situation unfolds, the potential for heightened tensions in international trade remains a point of concern, especially for sectors reliant on the export of goods such as wine and spirits.
