Trump threats to impose a 200% tariff on European wine and alcohol amidst escalating trade tensions with the EU will impact consumers and American businesses.
The European Union retaliates against U.S. tariffs with new duties on American products, deepening trade tensions amid strained transatlantic relations.
US stock markets face a tumultuous sell-off, driven by fears surrounding President Trump's tariffs and growing recession concerns, impacting major indices and technology stocks.