Donald Trump's tariff threat to UK and EU sparks massive markets slump
George Mihalcea
Donald Trump said the UK is "out of line" as he threatened to slap tariffs on the country and the European Union (EU) - sparking multi-market slumps. The Republican President hinted the EU would be the next major body to face punishing tariffs aimed at damaging the economies of trading blocks and countries who he views as damaging American interests. Trump last night announced how new tariffs on the EU would "definitely happen" as he signalled he would expand the trade war beyond North America.
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