Trump Threatens 200% Tariff on EU Wine - Global Trade at Risk
President Donald Trump warned of imposing a 200% tariff on European wines and spirits if the EU does not lift its retaliatory measures. The threat has sent shockwaves through global markets and raised fears of a deepening trade war, with significant economic fallout on the horizon.
24 Hours President Trump escalates trade tensions by warning of a 200% tariff on European wines and spirits if the EU retaliates against US whiskey tariffs. Federal judges order the reinstatement of dismissed government workers as the White House withdraws controversial CDC nominations. Protests erupt demanding the release of detained activist Mahmoud Khalil, while ceasefire talks in Ukraine receive cautious support from Putin. Global markets tumble under tariff fears and investor uncertainty. Tech giants roll out new fact-checking measures and energy markets surge as gold hits record highs amid growing international strain.
Number 200% - Trump's tariff threat on EU liquor fuels global trade fears.
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