A Smaller U.S.-EU Trade Deal Is Possible—If Trump Doesn’t Blow It Up

President Donald Trump speaks to former European Commission President Jean-Claude Juncker during a session at the G-20 summit in Osaka, Japan, June 28, 2019 (AP photo by Susan Walsh).
President Donald Trump speaks to former European Commission President Jean-Claude Juncker during a session at the G-20 summit in Osaka, Japan, June 28, 2019 (AP photo by Susan Walsh).

After the United States and China signed their “phase one” trade deal in mid-January, it seemed that the European Union might be the next target in President Donald Trump’s trade wars. At the time, the White House was threatening to increase tariffs amid the ongoing dispute over EU subsidies to Airbus and impose new tariffs over France’s proposed tax on digital service providers, while still holding out the possibility of tariffs on more than $40 billion in automobile imports from Europe. Since then, the Trump administration has held its fire in those disputes, and the prospects for a bilateral trade […]

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