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The Latest Breaking News on S&P 500 falls more than 10% below recent high as markets rattled by Trump

S&P 500 falls more than 10% below recent high as markets rattled by Trump

Key US stock index slides into correction territory as president’s trade wars cause Wall Street volatility

The Guardian - US

Trump Tariff Threat Leaves Sour Taste For European Drinks Producers

President Donald Trump's threat to impose a 200 percent tariff on many European Union alcohol imports, amid a spiralling trade war, will hit a market worth $10 billion to EU producers in 2023, according to World Trade Organisation figures.

International Business Times

US wine shops and importers say Trump's threatened 200% tariff on European wines would kill demand

The U.S. is suddenly looking less bubbly for European wines

The Independent UK

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Trump's Threatened 200 Percent Tariffs on European Booze Are His Least Sensible Trade Move Yet

It would make American consumers poorer and hurt American businesses without any promise of benefits.

Reason

Trump vows 200% retaliatory tariff on European wine and spirits

Warning comes after EU announced retaliatory tariffs on $28bn of US goods in response to US levies on steel, aluminium.

Al Jazeera

EU needs ‘strategic approach’ over alcohol tariff dispute, Martin says

Irish premier Micheal Martin has called for the EU to adopt a ‘strategic approach’ around US tariffs.

The Independent UK

Boycott USA: Trump’s tariff trade war sparks international movement to reject Uncle Sam

Donald Trump’s ‘America First’ tariffs have encouraged some consumers to leave US goods on the shelf

The Independent UK

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Trump Claims U.S. Has 'Stupid Trade' After Threatening To Escalate Tariff War: 'The Entire World Is Ripping Us Off!!!"

President Donald Trump threatened to escalate his tariff wars on Thursday, saying the entire world is "ripping off" the United States

Latin Times

These Are Some Iconic Companies That Could Be The Affected By Trump's 200% Tariffs on Alcohol From The E.U.

Trump threatened Thursday to impose 200% tariffs on alcohol from the E.U. in response to the region's retaliatory 50% tariffs on U.S. whiskey.

Latin Times

Tariffs Won't Affect Some BMW Prices, For Now

Donald Trump's on-again, off-again tariffs will raise new car prices, but some consumers might not immediately feel the pinch. BMW told its dealers that it will not raise prices on certain vehicles imported into the United States from Mexico until May 1.

Motor1

Trump’s Global Trade War Hits the UK—Here’s How It Could Impact Your Wallet

Donald Trump launched a trade war yesterday, as the US President activated his 25 percent steel and aluminum tariffs.

The Fashion Central

How will the tariff wars impact me? Sir Keir Starmer says 'all options on table'

Labour government considering options after 25 per cent steel and aluminium tariff imposed

Evening Standard

NI cannot become ‘collateral’ in EU-US trade war, says Little-Pengelly

The deputy First Minister said she had raised ‘the dangers’ for Northern Ireland in any EU-US tariff dispute.

Evening Standard

Trump threatens 200% tariff on European wine and champagne a day after Europe slapped levies on American whiskey

President Trump accused the EU of being “one of the most hostile and abusive taxing and tariffing authorities in the World."

Fortune

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Evening Standard

Starmer: ‘Tariff war’ with US not in the UK’s national interest

Sir Keir Starmer defended the UK’s decision not to immediately retaliate to Donald Trump’s steel and aluminium tariffs.

The Guardian - US

Donald Trump threatens 200% tariff on EU wine and champagne

US president says levy on alcohol imports would be retaliation for ‘nasty’ 50% tariff imposed on bourbon whiskey

International Business Times

Trump Threatens 200% Tariff On Wine, Champagne From France, Other EU Countries

US President Donald Trump on Thursday threatened to impose 200-percent tariffs on wine, champagne and other alcoholic products from France and other European Union countries in retaliation against the bloc's planned levies on US-produced whiskey.

The Independent UK

Trump threatens 200% tariff on French wine and other alcohol from Europe in latest trade war escalation

Trump’s proposed 200 per cent wine tax could benefit a Virginia winery owned by his son, Eric Trump

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The Guardian - UK

‘It’s a massive frustration’: UK steelmakers squeezed by Trump tariff turbulence

Britain in middle as some of US’s trading partners retaliate while others want ‘pragmatic’ route in hope levies are eased

Evening Standard

Business Secretary pressed to secure US trade deal following Trump steel tariffs

Shadow business secretary Andrew Griffith said it is a ‘colossal failure’ of the Government that the UK is not exempt from the tariffs.

International Business Times

More Than Half Of Americans Say Trump's Handling Of Economy Is 'Erratic': Poll

More Americans are not happy about how President Trump is handling the economy, a new poll revealed, highlighting concerns around the U.S. leader's tariffs and its impact on financial markets.

The Independent UK

Starmer scrambles to secure deal to escape Trump tariffs

Conversations have already started taking place between trade teams on either side of the Atlantic, as the government scrambles to get a deal over the line

People

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