Trump’s Truce With the EU Offers Some Good News on Trade, for a Change

President Donald Trump and European Commission President Jean-Claude Juncker in the Oval Office of the White House, Washington, July 25, 2018 (AP photo by Evan Vucci).
President Donald Trump and European Commission President Jean-Claude Juncker in the Oval Office of the White House, Washington, July 25, 2018 (AP photo by Evan Vucci).

While recognizing that it could be undone at any time by a single presidential tweet, there appears to be a truce on at least one front in Donald Trump’s trade war. During a visit to the White House last week, European Commission President Jean-Claude Juncker pledged along with Trump to refrain from further escalation of the trans-Atlantic trade dispute and try to work things out. Their joint statement was vague, and the U.S. steel and aluminum tariffs on the European Union, and the EU’s retaliatory tariffs, remain in place for now. Trump imposed those duties on supposed national security grounds, […]

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