Photo Gallery Trump Trumps Trade
U.S. President Donald Trump seems intent on launching a trade war. He is ignoring appeals to common sense coming from Europe and Asia, but one country stands to lose more than any other: Germany.
U.S. President Donald Trump appears intent on launching a trade war. One of his primary targets appears to be the Europe Union and, especially, Germany.
The consensus among economists is that launching a trade war is a bad idea and that such conflicts are not easy to win, as Trump tweeted recently. Here, he is shown in the Oval Office holding up his executive order establishing contentious tariffs on steel and aluminum.
German Chancellor Angela Merkel visited Washington soon after Trump's inauguration to try to talk him out of introducing tariffs. Here, she is pictured with Daimler CEO Dieter Zetsche.
Trump has threatened to introduce tariffs on German automobiles. But his steel duties are now in place and could have the unintended consequence of leading China to dump more of its cheap steel on Europe.
A billboard depicting Chinese President Xi Jinping in Beijing. China has warned the White House against slapping tariffs on products from China.
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