Trade War Coming? US Imposes Tariffs on Europe

The US is imposing harsh tariffs on European steel and aluminum. A total American ban on German luxury cars is also being investigated. The Europeans are furious and threaten with retaliation by imposing tariffs on American products. We have reached a new low of the deteriorating trans-Atlantic relationship. A trade war with unpredictable consequences could be on the horizon. Voices demand the creation of a “sovereign EU army” which would be independent from NATO or the USA.