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Trump Proposes 200% Tariff, Escalating Trade War Fears

3/14/2025

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Trump Escalates Tariffs

President Trump has intensified trade conflicts by proposing a staggering 200% tariff on European wines and champagne, in response to the EU's 50% tariff on American whiskey. This escalation comes after the U.S. already imposed a 25% tariff on global steel and aluminum, sparking fears of a lengthy trade war that could impact $28 billion in U.S. exports.

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Pellegrini Warns Trade War

Slovak President Peter Pellegrini sounded the alarm on the growing trade war between the U.S. and EU, asserting that these conflicts harm everyone involved. He highlighted the looming economic fallout from President Trump's steel and aluminum tariffs and the EU's hefty €26 billion ($28.3 billion) response, urging for a resolution that benefits both sides.

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Trump Escalates Tariffs

President Trump has intensified trade conflicts by proposing a staggering 200% tariff on European wines and champagne, in response to the EU's 50% tariff on American whiskey. This escalation comes after the U.S. already imposed a 25% tariff on global steel and aluminum, sparking fears of a lengthy trade war that could impact $28 billion in U.S. exports.

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