The threat will become a reality if the EU's announced 50-percent tariffs on American whiskey – a response to increased American tariffs on steel and aluminum – are not withdrawn, he writes on the platform Truth Social.
In the post, the president calls the EU "one of the world's most hostile and brutal tax and customs authorities" and repeats his claim that the EU was created "solely to take advantage of the USA".
He also writes that the 200-percent punitive tariffs will be "fantastic" for what he calls "wine and champagne companies" in the USA.
It's fortunate that there are other markets to sell to. It's an incredibly strange global situation where the leader of one of the largest free countries acts in this way, says Minister for Business Ebba Busch (KD) about the threat.
Sweden and the USA have long been united in fundamental values but are now moving in different directions when it comes to openness towards the world and faith in trade, she continues.
It's important that Sweden now dares to be a clear voice within the EU to do what is required to strengthen our own competitiveness and not rely so heavily on and become so obsessed with what Trump does every day.
Several European wine and spirits manufacturers' shares fall after Trump's outburst. Among these are LVMH (which owns several champagne and cognac brands) and Pernod Ricard (which, among other things, owns Absolut Vodka).
