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Trump Tariff on the tariff

Treasury sec. Bessent on 200% EU Alcohol Tariff:

US Treasury Secretary Scott Sevents Thursday said Wall -Rate should abandon the president Donald TrumpThe last threat Impose steep tariffs by foreign trading partners.

Asked at CNBC “Shkvak on the street“Trump’s threat to strengthen tariffs for European alcohol, the infant suggested that this step should have a slight impact on the stock.

“One or two items with one trading block, I am not sure why it’s a big deal for markets,” said the insurrents.

Earlier on this day, Trump warned the European Union that he hit 200% of the tariffs for European alcohol exports – including all the guilt and French champagne – unless the block is abandoning its Offered duties on American whiskey.

Trump called the EU “one of the most hostile and abusive taxation and tariff authorities in the world, which was created for the sole purpose of using the United States” in truth a social post, which threatens 200% tariff.

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On Wednesday, the EU presented a new plan for the introduction of 50% of US whiskey tariffs, starting on April 1. The tariff for alcoholic beverages is part of a broader set of proposed duties on American products.

European tariffs have been issued at Trump’s retaliation for 25% of us Import steel and aluminumthat came into force on Wednesday.

The infant did not answer the question of whether the announcement of Trump was “intentional” on Thursday, or talked about the ministers in advance.

The main stock indices continued to slide on Thursday morning, deepening weekly sales, at least partly fears and uncertainty associated with Trump’s heavy economic agenda.

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