By Jeanna Smialek and Ana Swanson President Trump escalated his trade war with the European Union on Thursday, threatening 200 percent tariffs on European wine and champagne that deepened anxiety among businesses and consumers on both sides of the Atlantic. Mr. Trump’s announcement, in which he called the European Union “hostile and abusive,” came a day after the bloc’s leaders unveiled plans to retaliate against a batch of U.S. tariffs that took effect this week by imposing 50 percent tariffs on imports of U.S. whiskey and several other American products. “If this tariff is not removed immediately, the U.S. will shortly place a 200 percent
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