Tensions rise as the EU prepares to impose tariffs worth €26 billion on U.S. goods, including a shocking 200% on champagne, while awaiting Trump's next move. Will negotiations save the day?
President Trump has issued a stark warning of a 200% tariff on European alcoholic beverages in response to the EU's countermeasures against US tariffs. This tit-for-tat could escalate the ongoing trade war, impacting both American and European industries.