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Trump, Europe and tariff

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Wine and spirits can be markers of national and regional identity — which could make a coming trade fight between the U.S. and Europe much more emotional.
From The Washington Post
Trump said on Sunday reciprocal tariffs he is set to announce this week will include all nations, beyond just a smaller group of 10 to 15 countries.
From Reuters

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Trump's tariffs mean Europe must take control of its future, says ECB's Lagarde
The likely implementation of tariffs imposed by the United States on April 2 means Europe will have to take better control of its future, European Central Bank (ECB) head Christine Lagarde said on Monday.
How could the European Central Bank react to Trump’s trade tariffs?
Donald Trump’s tariffs may hit EU growth and push up inflation, posing a dilemma for the ECB. While trade slows and prices rise, some economists argue rate cuts remain appropriate, so long as inflation expectations stay anchored.
Trump’s threat of towering tariffs on European booze is sobering
Wine and spirits can be markers of national and regional identity — which could make a coming trade fight between the U.S. and Europe much more emotional.
Trump says reciprocal tariffs will target all countries
U.S. President Donald Trump said on Sunday that reciprocal tariffs he is set to announce this week will include all nations, not just a smaller group of 10 to 15 countries with the biggest trade imbalances.
Trump’s Promised ‘Liberation Day’ of Tariffs Is Upon Us. Here’s What It Could Mean for You
The details of Trump's next round of import taxes are still sketchy. Most economic analyses say average U.S. families would have to absorb the cost of his tariffs in the form of higher prices and lower incomes.
Shares slide in Asia as Trump tariffs loom
The comments come as he prepares to unveil a massive slate of import taxes on Wednesday, in what he has called America's "Liberation Day". The measures will come on top of tariffs already imposed by Washington on aluminium,
European shares slide as Trump touts sweeping tariffs
European shares fell on Monday, as cautious investors fled risky bets after U.S. President Donald Trump said that tariffs would target all countries, fuelling fears of a global economic slowdown. The pan-European STOXX 600 index fell 1.
Trump's tariffs should herald a 'march towards independence' for Europe, says ECB's Lagarde
The likely implementation of tariffs imposed by the United States on April 2 should mark the beginning of a march towards independence for Europe, European Central Bank (ECB) head Christine Lagarde said on Monday.
EUROPE Risk assets trampled as Trump touts tariffs for all
World share markets were in a tailspin on Monday after U.S. President Donald Trump said tariffs would essentially cover all countries, stoking worries a global trade war could lead to recession.
Trump's promised 'Liberation Day' of tariffs is coming. Here's what it could mean for you
President Donald Trump says Wednesday will be “Liberation Day" — a moment when he plans to roll out a set of tariffs that he promises will free the United States from foreign goods. The details of Trump's next round of import taxes are still sketchy.
Germany and France Say Europe Must Respond to Trump’s Auto Tariffs
Leaders in both countries warned that tariffs would fan inflation in the United States and upend global supply chains.
Trump’s Tariffs on Autos Would Hit Europe Hard
The levies could hurt European automakers when the industry is already struggling, especially in Germany, Europe’s biggest economy.
Trump’s complaints about overseas tariffs ignore some of the U.S.’s own
To hear President Donald Trump tell it, the world is full of crafty foreigners who use “unfair” tariffs and other trade barriers to steal jobs and wealth from hapless Americans. But foreigners have their own complaints about the United States.
Trump Brings European Wineries to Their Knees Even Before Tariffs Hit
Growers were already struggling from France to Italy when the US president threatened a 200% levy on the region's wine. Now, shipments have ground to a halt and producers don't even know how to price their bottles.
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