Trump's 50% tariff threat trims euro's gains against dollar
Business
NEW YORK :The euro pared gains sharply on Friday, after U.S. President Donald Trump once again ratcheted up his trade war, recommending the European Union be hit with 50 per cent tariffs beginning June 1, rekindling concern about the impact of duties on the world economy and global trade. Trump said in comments on social media that the EU was "very difficult to deal with" and "our discussions with them are going nowhere." He threatened in a separate post to impose a 25 per cent tariff on Apple
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