European markets remained buoyant on Friday afternoon, heading towards a strong close, despite US president Donald Trump’s latest threat to impose 200% tariffs on alcoholic products from the EU. That came in response to the EU’s 50% levy on whiskey.
Britain’s FTSE 100 was trading 0.9% higher on Friday morning, with Germany’s DAX also rising 2%. France’s CAC 40 index advanced 1.2% on Friday as well, with the STOXX 600 index climbing 1.1%.
