By Blu Putnam
October may well see the opening of a new front in the U.S.-initiated trade wars, with Europe being the target this time. Indeed, in preparation for launching tariffs aimed at Europe, the new mantra in official Washington seems to be that on many trade issues Europe is worse than China.
We would not agree with that assessment, given the deep, longstanding and mutually beneficial commercial and industrial interests the United States shares with Europe. Regardless, the odds on the U.S. introducing tariffs on many European goods are rising rapidly.