Donald Trump stated that he may exempt a number of countries from the "reciprocal tariffs" announced for April 2. At the same time, he announced the introduction of new charges on foreign vehicles and semiconductors.

As one of the European Union's top negotiators, Sabine Weyand has battled Britain over Brexit and driven tough trade talks around the world.

In his first term, Trump also targeted the alcohol industry. A series of tit-for-tat tariffs hit alcohol products in the U.S. and the EU. The Biden administration suspended those tariffs, but now the industry is once again in the crosshairs. The industry has still been recovering from that first tariff spat.