tariffs

US President Donald Trump is threatening the EU with 20% tariffs on European cars in what would amount to a major escalation in a developing trade war.
Trump’s auto tariff threat comes after the European Union retaliates to US steel and aluminum tariffs.
POTUS Trump issued the warning on Friday as the EU imposed tariffs on a wide range of US goods ranging from Bourbon whiskey to motorcycles and playing cards.
The EU imposed the “rebalancing” charges in response to Trump’s 20% tariffs on European steel and aluminum.

US President Trump is not only targeting China in his trade/tariff policy. The European Union, and specifically Germany, are the focus of a possible trade war that could cost each side $300 Billion in back and forth, retaliatory measures.
Trump went on Fox Business News “Sunday Morning Futures” to highlight how the German auto industry and EU farm industry are practicing in unfair trade policies.
The US President told Fox News’ Maria Bartiromo…

The EU is threatening a tariffs response that could amount to $294 billion if Trump follows through on his threats of increased tariffs on auto imports from Europe. Nearly a fifth of America exports are matched by that sum, meaning that America would suffer a major hit by going down this road.

US President Donald Trump levied metals tariffs affecting steel and aluminum imports of 25% and 10% respectively on the pretext of national security. Objectively speaking, it’s a rather silly move to claim that importing raw materials from Canada presents a threat to America’s national security, with Canada being a long time ally and major trade partner.

For the first time in 67 years, the United States will not lead the United Nations migration agency. Isaacs is considered to hold opinions which run counter to the purpose of the agency, including his perspectives on Islam and climate change, which both happen to be major factors impacting the migration of peoples around the globe.

Following US President Donald Trump’s metals tariffs, Canada, together with a host of other American trading partners, vowed responsive tariffs aimed at goods imported from the US. Those threats are now becoming a reality as Canada’s response is becoming a reality on July 1st, when Canadian tariffs will go into effect.
CNBC reports:

The Nord Stream 2 pipeline project is clearly showing itself to be one of the most polarizing issues in European political circles, and demonstrates in a very clear manner how foreign policy is perceived by European states. Some are able to forego certain aspects of their political hostility towards Russia in areas where insisting upon it would result in considerable damage to their own economic outlook, where others persist in their political russophobia regardless of the consequences.

US trade representative Robert Lighthizer is presenting Trump’s trade tariffs case as one that is uniquely justified, while the retaliatory measures of America’s trade partners are altogether illicit. America’s interpretation of WTO rules is that as long as America levies tariffs as a security measure, that they’re perfectly legitimate, whereas retaliatory countermeasures are considered unnecessary measures aimed at doing harm to another nation’s economy.
RT reports:

Meetings in the US between the foreign and defense ministers of both the US and India were slated to be held on the 6th of July, which was the rescheduled date from two previous appointments, similarly postponed by the United States. The likely reasoning behind this action is the announcement of meetings between POTUS Donald Trump and Russian President Vladimir Putin in Helsinki on 16 July.
The Hindu reports:

The President of the European Council, Donald Tusk, is urging members of the European Union to prepare themselves for ‘worst-case scenarios’ as tensions between Europe and the United States continue to rise. This isn’t the first time Tusk has come out with negative talk about his Trans-Atlantic ally, as he has previously stated that with friends like Trump ‘who needs enemies?’.
Associated Press reports: