Trump Raises EU Tariff Threat, Plans Canada and Mexico Calls
- President warns Europe after leveling 25% tariffs on neighbors
- Says trade with UK ‘out of line,’ but ‘can be worked out’
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US President Donald Trump ramped up his tariff threats to the European Union while saying he would speak with the leaders of Canada and Mexico, as stock markets sank following a hectic weekend that saw prospects for a trade war turn into reality.