Published by Global Banking and Finance Review
Posted on January 20, 2026
2 min readLast updated: January 20, 2026
Published by Global Banking and Finance Review
Posted on January 20, 2026
2 min readLast updated: January 20, 2026
Trump threatens a 200% tariff on French wines to pressure Macron into joining the Board of Peace, a move with significant global trade implications.
By Nandita Bose and Bo Erickson
WASHINGTON, Jan 19 (Reuters) - U.S. President Donald Trump said he will impose a 200% tariff on French wines and champagnes, a move he claimed would push French President Emmanuel Macron to join Trump's Board of Peace initiative aimed at resolving global conflicts.
When asked by a reporter about Macron saying he will not join the board, Trump said, "Did he say that? Well, nobody wants him because he will be out of office very soon."
"I'll put a 200% tariff on his wines and champagnes, and he'll join, but he doesn't have to join," Trump said.
France intends to decline the invitation to join the initiative, at this stage, a source close to Macron said on Monday.
Trump originally proposed establishing the Board of Peace when he announced last September his plan to end the war in Gaza. But an invitation sent to world leaders last week outlines a broad role ending conflicts globally.
A draft charter sent to about 60 countries by the U.S. administration calls for members to contribute $1 billion in cash if they want their membership to last more than three years, according to the document seen by Reuters.
Governments reacted cautiously on Sunday to Trump's invitation, a plan that diplomats said could harm the work of the United Nations.
On Monday, Trump also said he has invited Russian President Vladimir Putin to be a member of the peace board. "He's been invited," Trump said.
(Reporting by Nandita Bose and Bo Erickson in Washington; Editing by Jacqueline Wong and Neil Fullick)
The Board of Peace initiative is a proposal aimed at resolving global conflicts, inviting various world leaders to participate in peace efforts.
French wines are alcoholic beverages produced in France, known for their quality and variety, including regions like Bordeaux and Champagne.
Tariffs can lead to increased prices for consumers, affect trade balances, and potentially provoke retaliatory measures from other countries.
The United Nations is an international organization founded to promote peace, security, and cooperation among countries, addressing global issues.
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