Trump Threatens 200% Tariff on European Wines as Trade War with EU Escalates

Trump Threatens 200% Tariff on European Wines as Trade War with EU Escalates

On Thursday, U.S. President Donald Trump threatened a 200% tariff on European wines, Champagne, and spirits if the European Union proceeds with its planned tariffs on American whiskey. This intensifies the ongoing global trade conflict, which is already rattling financial markets and raising fears of a recession. Trump’s warning came after the EU announced a […]