President Donald Trump's tough stance on international trade has the European Union replying that it would retaliate against the sanctions.
The contentious comments arose after Trump declared intentions to limit steel imports to protect domestic steel companies.
EU Commission President Jean-Claude Juncker responded by saying, "Our mood is increasingly combative" and says the EU will react with countermeasures by imposing limits on bourbon, a major export from Senate Majority Leader Mitch McConnell's state of Kentucky.
Although sanctions have yet to be officially implemented, analysts say a potential trade war with Europe would be detrimental to the economy.
Reference: CNBC
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