US vs EU: A new transatlantic trade war looming?

Andrei Kodomstev, Modern Diplomacy

Image by Filip Filipović from Pixabay
Image by Filip Filipović from Pixabay

Many observers warn that worsening transatlantic trade relations could lead to a new trade war. The outbreak of the coronavirus epidemic has led to a serious new discord between Europe and America, with the shock from the pandemic on both sides of the Atlantic proving strong enough to force the nominal allies to start fighting each other for resources. Everyone is on his own now. The situation with the pandemic and its socio-economic impact on the United States has been so bad that it now threatens to undermine Donald Trump’s chances for reelection. Meanwhile, trade policy is one of the political levers that the US president can use quickly and without having to ask for Congressional approval.

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