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Macron Rejects "Peace Board"/ Trump Threatens 200% Tariffs on French Wines

2026-01-20 16:48:00, Kosova & Bota CNA

Macron Rejects "Peace Board"/ Trump Threatens 200% Tariffs on French

US President Donald Trump threatened to hit French wines and champagnes with tariffs of 200%, in an apparent attempt to persuade French President Emmanuel Macron to join his Peace Board initiative aimed at resolving global conflicts.

Trump's initiative, which will 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's going to be out of office very soon."

"I'm going to put a 200% tariff on his wines and champagnes, and he'll join in, but he's not obligated to join in," Trump said.

Macron is expected to stay in Davos on Tuesday before returning to Paris in the evening. Elysee aides have said there are no plans to extend his stay until Wednesday, when Trump arrives in the Swiss mountain resort town.

In another attack on the French leader, Trump released a private message from Macron in which he said he did not understand Trump's actions regarding Greenland.

Wines and spirits exported to the United States from the European Union currently face a 15% tariff, a rate that the French have lobbied hard to have reduced to zero since Trump and European Commission President Ursula von der Leyen agreed to a US-EU trade deal in Scotland last summer.

The United States is the largest market for French wine and spirits, with shipments of 3.8 billion euros in 2024.

"The fact that we are getting more threats will make the industry harder to invest in, it will make it harder for companies to make decisions about their investments. They will have to be more reserved, hold back some money, not invest, because they need to be able to weather the storms whenever they come," said Laurence Whyatt, head of European drinks research at Barclays./ CNA, translated by Reuters