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U.S.-EU Talks Struggle, Threatening a New Front in Trade War

  • EU elections fragment European parties, complicating course
  • After 10 months, talks do little more than avoid auto tariffs
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Markets Are Still Underestimating Trade War Risks: Eurasia Group
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Even though President Donald Trump held fire earlier this month on auto tariffs that have the potential to further roil Europe’s struggling economy, a succession of domestic dilemmas on both sides of the Atlantic threaten to frustrate efforts at a trade pact before they’ve even begun.