Thu, Nov 12, 2026 | Updated 10:51 IST
Mar 13, 2025
US President Donald Trump has threatened to impose a 200 per cent tariff on champagne and other alcohol products from the European Union in response to EU tariffs on American whiskey and other goods. The move escalates trade tensions, impacting financial markets and fuelling recession fears.
Citing historical examples like the Vietnam War and the collapse of the Soviet Union, he argued that such tactics only prolong unrest rather than address the root causes of the conflict.
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