Wall Street's sell-off is accelerating Thursday after President Donald Trump upped the stakes in his trade war by threatening huge taxes on European wines and alcohol. Not even a double-shot of good news on the U.

Long-threatened tariffs from U.S. President Donald Trump have plunged the country into a trade war abroad — all while on-again, off-again new levies continue to escalate uncertainty.

Ed Luce, Associate Editor of the Financial Times, said he expects other countries to slap tariffs on Tesla: “It’s low-hanging fruit,” he said on MSNBC on Thursday. Wall Street’s sell-off hit a new low Thursday after Trump’s escalating trade war dragged the S&P 500 more than 10% below its record, which was set just last month.

U.S. automaker Tesla has warned that it and other major American exporters are exposed to retaliatory tariffs that could be leveled in response to President Donald Trump's aggressive use of tariffs. Julian Satterthwaite reports.

In an interesting development, EV maker Tesla (TSLA) has sent a letter to the Trump administration about the potential consequences of its