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Trump Has a Message for the World: My Trade Wars Aren't Over Yet

  • With EU tariff threat president signals greater uncertainty
  • Comes as IMF predicts slowest growth since financial crisis
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Trump Tariffs on EU Could Lead to Trade War, Leinen Says
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President Donald Trump is sending a clear message to the economic policy makers gathering in Washington for the IMF and World Bank’s spring meetings: My trade wars aren’t finished yet and a weakening global economy will just have to deal with it.

With his latest threat to impose tariffs on $11 billion in imports from the European Union -- from helicopters to Roquefort cheese -- the U.S. president offered a vivid reminder that, even as he moves toward a deal with China to end their tariff wars, he has other relationships he’s eager to rewrite. That’s not encouraging for global growth, with the International Monetary Fund and others pointing to the uncertainty over Trump’s assault on the global trading system as a damper on business investment and sentiment.