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Trade war impact: Trump gains a lot, but not US

Browbeating close partners Germany, France, Canada could prove dangerous

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Bloomberg
The Trump administration is doing its best to convince the world that its decision to slap tariffs on a host of foreign-made goods is no big deal. 

The dispute with Canada is “a family quarrel,” according to top Trump economic adviser Larry Kudlow. 

As for the growing rift with Europe over Trump’s policies on trade and other issues, Secretary of Commerce Wilbur Ross says they’re “blips on the radar screen” and “everybody will get over this in due course.”

America’s closest allies give a very different impression. After Trump imposed steel and aluminum tariffs on the European Union,