The two could soon be locked in a trade war. We may soon get a taste of Trump at war — well, trade war, at least. The announcement was made despite the reservations of advisers and of top congressional Republicans, and there is a broad sense that it will stoke a trade war with China and others. In fact, Commerce Secretary Wilbur Ross has said we are already at war; Trump just seems to have launched his first salvo. Here’s how CNBC described the possibility of a trade war with China and the European Union:The EU is targeting products with political punch, revisiting a list compiled during George W. Bush-era trade disputes of symbolic American brands.

Source: Washington Post March 01, 2018 19:34 UTC