Even Trump's base supporters are turning slightly more pessimistic. Sentiment fell 3.2% among Republicans. They backed Trump in last year's election on the promise that he would b

Not even a double-shot of good news on the U.S. economy seems to be enough to stop Wall Street’s bleeding. Stocks fell Thursday after President Donald Trump upped the stakes in his trade war by threatening huge taxes on European wines and alcohol.

President Donald Trump is threatening a 200% tariff on European wine, Champagne and spirits if the European Union goes forward with a planned tariff on American whiskey.

U.S. President Donald Trump on Wednesday vowed to respond to the European Union's threat to impose counter tariffs on 26 billion euros ($28 billion) worth of U.S. goods from next month after Trump implemented blanket tariffs on steel and aluminum imports.

President Trump threatened up to 200% tariffs on all alcoholic products coming from the European Union on Thursday after the countries levied a 50% tax on US whiskey. “The European Union, one of the most hostile and abusive taxing and tariffing authorities in the World,