Or put it this way: After another week of trade taunts and market convulsions, who isn’t? The temporary ceasefire that the Trump administration agreed to on proposed tariffs for European car imports seems fragile, at best. To me, the bigger risk to manufacturers from this latest trade salvo is what it signals about Trump’s mindset toward tariffs and his true goals in these negotiations. Rather than fighting for American economic interests, the White House has now veered sharply toward using manufacturers as political pawns. This bodes poorly for manufacturers in both the short and the long-term.

Source: Washington Post May 31, 2019 20:03 UTC