Imported wine and spirits encompass 35% of revenue of all US sales in the alcohol market, meaning that all aspects of cocktails and wines ordered at restaurants or purchased at retailers will “rise significantly” if the tariffs go into effect.

The president said he would impose the levies if the European Union did not walk back plans to place retaliatory tariffs on whiskey and other U.S. products.

Trump said he would up the ante after the E.U. imposed its own 50% tax on American whiskey, a move that itself was a response to the White House tariff on European steel and aluminum.