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Trump trade war could hike prices of European alcohol

Trump threatens 200% tariff on European alcohol as trade war escalates

President Donald Trump on Thursday threatened to impose a massive tariff on European alcohol in response to the European Union’s retaliation against his steel and aluminum tariffs – a tit-for-tat escalation of a trade war that could easily get out of hand.

Fortune on MSN · 3h

China is ‘laughing’ at the U.S. trade wars and has the most to gain from Trump’s ongoing European tariffs, top diplomat says

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Reuters on MSN · 1d

Trump's trade war is 'wake-up call' for Europe, Lagarde says

A full-scale global trade war would hurt the United States in particular and could re-energise Europe's push towards unity, European Central Bank President Christine Lagarde said on Friday. The U.S. has imposed a raft of tariffs on friends and foes alike and threatened even more measures,

In the short term, everyone loses in a trade war

President Donald Trump’s economic policy, including tariffs, has contributed to U.S. stock market plunges while international ...

Trump has begun another trade war. Here's a timeline of how we got here

Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a trade war abroad — all while ...

10d

Companies in Europe Face Squeeze in U.S.-China Trade War

Some European executives see rising trade tensions as a potential opportunity, but they are watching warily for more moves in ...

23hon MSN

American consumer sentiment plunges on trade war fears

The Trump bump in consumer sentiment is now a Trump slump.

19hon MSN

Mark Carney Is Sworn in as Canada’s New Prime Minister as Country Deals With Trump’s Trade War

T ORONTO — Former central banker Mark Carney was sworn in as Canada’s new prime minister on Friday, and will now try to steer ...

Trading Day: Bears take charge as trade war fears choke recovery hopes

Global equities sank on Thursday with the S&P 500 confirming it was in a correction while U.S. Treasury prices rose as ...

1don MSN

BMW Expects $1.1 Billion Earnings Hit From Tariffs This Year

The automaker expects earnings to remain flat this year while sales will grow only slightly as a result of global trade ...

BMW warns of €1bn profit hit from global tariff war

BMW has warned that EU, US and China tariffs will cost it €1bn this year after its profits fell 36 per cent in 2024 and it warned earnings were expected to remain at a similar level in 2025. The ...

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