Stocks are dropping on trade-war jitters after Trump threatens another $4 billion in tariffs on EU goods

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  • US stocks slid on Tuesday after the Trump administration threatened to slap tariffs on $4 billion worth of EU goods in retaliation for the union's subsidies to Airbus.

  • The news "dented the market sentiment" that had been lifted by the recent truce in the US-China trade war, one analyst said.

  • The US Trade Representative's office has already targeted $21 billion of EU products for potential duties.