European leaders warned on Monday that U.S. President Donald Trump's threat to expand tariffs to the EU risked igniting a trade war that would harm consumers on both sides of the Atlantic.

Trans-Atlantic trade spats are nothing new. The 1965 “ Chicken War ,” which saw President Lyndon Johnson respond to European import restrictions on chickens with a 25% duty on imported trucks—a shelter from competition that gave rise to the explosion in pickup sales and which remains in place today.

European indexes were trading down in opening European trade after U.S. President Donald Trump outlined sweeping tariffs on Mexico, Canada and China, and signalled the European Union will be next. Germany's DAX fell 2.

European leaders warned on Monday that U.S. President Donald Trump's threat to expand tariffs to the EU risked setting off a trade war that would cause economic harm on both sides of the Atlantic. European Union foreign policy chief Kaja Kallas said if the U.

Watch live as European Union ministers meet in Warsaw, Poland, on Tuesday (4 February) to discuss Donald Trump's threat of US tariffs on EU exports. In comments overnight on Monday, the US president suggested he is poised to expand his tariff regime to the UK and the EU,

BRUSSELS—European leaders, bracing for a fight with President Trump over the world’s most valuable trading relationship, said they are ready to strike back but prefer cooperation. Trump over the weekend announced punishing tariffs on Canada and Mexico and made clear that U.

The threat of a transatlantic trade war loomed large Monday over a gathering of European leaders aimed at boosting the continent's defences in the face of an aggressive Russia.

The United Kingdom is in a more vulnerable position as a result of Donald Trump’s renewed pledge to impose tariffs on important trading partners. As itstwo biggest trading partners, the US, and the EU,