⚖️ EU Plans 25% Tariffs on U.S. Goods; Trump Escalates Trade War with China 🇺🇸🆚🇨🇳🇪🇺

The EU is preparing 25% retaliatory tariffs on select U.S. goods—such as diamonds, poultry, and sausages—effective May 16, with more to follow on December 1. Bourbon, wine, and dairy were excluded to maintain EU unity. In response to global trade tensions, Trump has threatened a 50% tariff on Chinese imports. The announcements triggered sharp drops in U.S. markets, with the Dow falling over 1,200 points amid investor concerns.

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