President Donald Trump on Thursday threatened a 200% tariff on European wine, Champagne and spirits if the European Union goes forward with a planned 50% tariff on American whiskey. Wine sellers and importers said a tariff of that size would essentially shut down the European wine business in the U.S.

Micheál Martin has sounded the alarm for Cork's giant whiskey industry - as Donald Trump threatens to slap a massive 200% tariff on alcohol from the EU. As a Cork TD, Martin will be well aware of the huge damage the tariffs could do to one of Cork's biggest exports - Midleton's Jameson whiskey.

President Donald Trump on Thursday threatened a 200% tariff on European wine, Champagne and spirits if the European Union goes forward with a planned 50% tariff on American whiskey.