President Trump defends tariffs against allies and threatens more amid volatility in markets

President Trump is threatening a 200% tariff on alcohol from Europe in response to the EU tariff on American-made whiskey. Mr. Trump has defended the current tariffs against allies and downplayed the recent volatility in the markets. CBS News' Ed O'Keefe has more.

President Trump defends tariffs against allies and threatens more amid volatility in markets
President Trump is threatening a 200% tariff on alcohol from Europe in response to the EU tariff on American-made whiskey. Mr. Trump has defended the current tariffs against allies and downplayed the recent volatility in the markets. CBS News' Ed O'Keefe has more.