Donald Trump admits ‘cost’ from his ‘beautiful’ tariff war – while claiming win over EU

News Snapshot:

DONALD TRUMP HAS claimed victory over the European Union in the US tariffs war but acknowledged a “cost” to his surging trade offensive against superpower rival China as markets plunged again today. Trump sought a victory lap at a White House cabinet meeting, saying the European Union had backed off from imposing retaliatory tariffs because of his tough stance on China. “They were very smart. They were ready to announce retaliation. And then they heard about what we did with respect to China… and they said, you know, ‘We’re going to hold back a little bit,’” he said. Trump acknowledged...