Markets have been spooked by the emerging trade war and fear it will trigger a recession, with the S&P 500 index entering "correction" territory recent weeks.

US President Donald Trump's threat of 200-percent tariffs on wine, champagne and other alcoholic drinks from EU countries is proving hard to swallow in France's champagne region. But while Trump's threat was "very unfortunate",

MARTILLAC, France (Reuters) - The owner of one of France's top Bordeaux wine chateaux hopes U.S. President Donald Trump's threat of 200% tariffs on European wine is just posturing because the impact would be devastating if not.