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.
Foto: OLIVIER DOULIERY/ AFP
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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.
Foto: MANDEL NGAN/ AFP
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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.
Foto: Frank Rumpenhorst/ dpa
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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.
Foto: Lukas Schulze
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A billboard depicting Chinese President Xi Jinping in Beijing. China has warned the White House against slapping tariffs on products from China.
Foto: Mark Schiefelbein/ AP
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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.
Foto: Lukas Schulze
A billboard depicting Chinese President Xi Jinping in Beijing. China has warned the White House against slapping tariffs on products from China.
