Editorial Board
Trump’s Other Trade War
The U.S is threatening tariffs against imported cars from Europe. Bad idea.
Does this look like a national security threat?
Photographer: Neilson Barnard/Getty Images North AmericaPresident Trump’s trade fight with China has been commanding headlines and the attention of financial markets this week — but don’t forget that another trade dispute is simmering alongside. The U.S. has threatened to impose new tariffs on cars imported from the European Union, and the EU has prepared a list of imports from the U.S. that will face higher tariffs if Trump goes ahead.
This other dispute should be a lot easier to resolve than the U.S.-China case. In fact, if common sense prevailed, it would be easy to get past the immediate disagreement and start working on bigger ideas for expanded transatlantic trade.