Donald Trump is threatening to slap 200% tariffs on European alcohol. 

The EU is planning to impose tariffs on American bourbon next month, in retaliation to steel and aluminium levies. 

A spokesperson for the bloc says they're preparing to discuss the situation with the US. 

Europe correspondent Vincent McAviney told Andrew Dickens spirits, wine, and champagne would all be affected. 

He says it would be absolutely drastic to their prices, which are both big EU exports but also in high demand in the US. 

LISTEN ABOVE 

Donald Trump is threatening to slap 200% tariffs on European alcohol.&nbsp;
The EU is planning to impose tariffs on American bourbon next month, in retaliation to steel and aluminium levies.&nbsp;
A spokesperson for the bloc says they're preparing to discuss the situation with the US.&nbsp;
Europe correspondent Vincent McAviney told Andrew Dickens spirits, wine, and champagne would all be affected.&nbsp;
He says it would be absolutely drastic to their prices, which are both big EU exports but also in high demand in the US.&nbsp;
LISTEN ABOVE&nbsp;

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Vincent McAviney: Europe Correspondent on Trump's threat of 200% tariffs on European alcohol

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