Reported about 15 hours ago
U.S. President Trump's recent tariffs are significantly altering trade policies, particularly with the EU. Trump has threatened a 200% tariff on imported European wines and spirits unless the EU lifts its whiskey tariffs, as tensions rise amid retaliatory measures from both sides. The U.S. also imposed a 25% tariff on steel and aluminum, provoking counters from Canada and the EU, indicating a growing trade war that could disrupt markets and affect various industries.
Source: YAHOO