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Trump threatens 200% tariff on European alcohol as trade war escalates CNNUS whiskey makers look to flood EU market ahead of 50% tariffs FortuneDonald Trump threatens 200% tariff on EU wine and champagne The Guardian USDistilled Spirits Council CEO warns European whiskey tariff could be ‘very, very devastating' The Hill
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Asian shares decline despite rebound on Wall St as investors await next steps in trade wars The Associated PressAsian Stocks Fluctuate After Churn in Wall Street: Markets Wrap BloombergStocks skid, gold gains as tariffs wipe out inflation relief ReutersAsia-Pacific stocks fall even after soft U.S. inflation report pushes two Wall Street benchmarks up; Seven & i shares rise as much as 3.6% CNBC
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Ongoing U.S. tariffs could push Europe's largest economy into a recession, German central bank President Joachim Nagel warned.
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