French finance minister calls Trump's trade war 'idiotic', plans US trip

Mattress manufacturers increase their sales after the floods, and windshield manufacturers increase their sales after the hailfall. Can anyone suggest that we cannot qualify as misfortunes to the floods and the fall of hail, because some benefited?This nonsense is heard today about the commercial benefits that some Argentine exporters might receive as a result of the insane use of the tariff tool that President Donald Trump is carrying out.On th…

‘Turbulent year’ ahead, warns IDA chair, as threat of Trump tariffs loom

The chairman of IDA Ireland has urged that the country should not “rest on its laurels” but take “seriously” the threat posed by Donald Trump’s 200pc tariffs on EU alcohol exports to the US.

Tariff roulette: Trump’s zigzag trade policies rattle global markets

In recent weeks, Trump has announced punishing tariffs against allies and adversaries alike, selectively paused and imposed them, doubled and then halved some, and warned late in the week that he’ll tax European wine and spirits a stratospheric 200% if the European Union doesn’t drop a 50% tariff on U.S. whiskey.

Spirits of hostility: Trump trade war could hike prices of European alcohol

WASHINGTON — Wine and spirits are front and center in President Donald Trump’s escalating trade war with European allies.

French Finance Minister Calls Trade War "Idiotic", Plans Trip To US

France's Finance Minister Eric Lombard called the escalating US-EU trade war "idiotic" on Friday and said he would soon travel to the United States after Washington threatened huge tariffs against French wine and champagne. "We need to talk to the Americans to bring the tension back down," Lombard told the France 2 television channel. US President Donald Trump has launched trade wars against competitors and partners alike since taking office, wi…

French finance minister calls Trump's trade war 'idiotic', plans US trip

French Finance Minister Eric Lombard slammed the burgeoning trade war between the US and the EU as "idiotic", promising to travel to the US in the coming days to try to de-escalate the situation. US President Donald Trump on Thursday threatened to slap 200 percent tariffs on European alcoholic drinks after the EU announced its own retaliatory measures to Washington's blanket steel duties.