Alva Review-Courier -

Friendly fire: In trade fights, Trump targets US allies, too

 

September 12, 2019



WASHINGTON (AP) — President Donald Trump has risked turmoil in the financial markets and damage to the U.S. economy in waging his trade war with China, America's top strategic rival.

But Trump hasn't exactly gone easy on America's friends, either. From Europe to Japan, the president has stirred up under-the-radar trade disputes that potentially could erupt within weeks or months with damaging consequences.

The administration is seeking, for example, to tax up to $25 billion in European Union imports in a rift over the EU's subsidies to the aircraft giant Airbus. It's also threatening to i...



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