Trump threatens massive 200% tariff on the 'hostile and abusive' EU targeting champagne and alcohol
President Donald Trump is threatening a 200 per cent retaliatory tariff on champagne and wine out of Europe in the latest salvo of his trade war. The president lashed out at the 'hostile and abusive' European Union, which announced an increase tariffs on American imports in retaliation for Trump's increases on steel and aluminum. The tit-for-tat responses has raised the stakes in Trump's trade war, sparking fears about the global economy.
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