Trump threatens massive 200% tariff on the 'hostile and abusive' EU targeting champagne and alcohol

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Trump threatens massive 200% tariff on the 'hostile and abusive' EU targeting champagne and alcohol

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President Donald Trump is threatening a massive 200 percent tariff on champagne and wine from Europe in the latest escalation of a bitter trade war. The president lashed out at the 'nasty' European Union after it announced tariff hikes on American imports in retaliation for Trump's increases on steel and aluminum. The tit-for-tat measures have raised the stakes in Trump's ongoing trade war, sparking fears of a recession in the United States and a shock to the global economy.
Read More >> Full Article on Source: MAG NEWS
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