CONSEQUENCES OF TRUMP’S TARIFFS

CONSEQUENCES OF TRUMP’S TARIFFS

The tariffs on steel and aluminum further undermine European confidence and trust in the United States, and reinforce already negative views about Donald Trump. The row over tariffs will make it considerably harder for Washington and European capitals to cooperate on other key issues or when new crises arises.  

The Trump tariffs undermine the international institutional order which the United States once helped create. Trump has decided to act alone and weaken the rules-based economic system that Washington should be revitalizing.

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