President Donald Trump on Thursday threatened a 200% tariff on champagne and other alcohol products from the European Union, escalating a global trade war that has roiled markets and stoked recession fears.

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The announcement came in response to tariffs issued by the European Union.{ai:summary}<p>President Trump has threatened to impose a 200% tariff on champagne and other alcoholic products from the European Union, further escalating tensions in a global trade conflict. This move raises concerns about market stability and potential recession. #economy</p>

Trump threatens 200% tariff on EU alcohol

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