Outlook for a future EU-US trade agreement is poor
Keyword(s):
The Us
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Subject EU-US trade. Significance US President Donald Trump’s ‘America First’ trade policy threatens the highly interconnected transatlantic economy. This presents a serious challenge to the EU and certain member states more than others, and resolving this tension is unlikely in the near future. Impacts Some US protectionist trade tendencies are likely to continue post-Trump. Trump's accusations that the euro is unfairly undervalued raises the (faint) prospect of an even more profound transatlantic dispute. The importance of the US economy to European firms enables Washington to enforce secondary sanctions.