''The first half of 2018 has seen the start of bilateral trade wars with
the US. China initially, but also the EU and others are confronted with
high import tariffs on selected goods as part of the US administration’s
“America First” rhetoric. The authors discuss what it means for the EU
to face a threat to a long-established alliance with the US. They argue
that not only are trade wars a lose-lose game, but that the EU has no
option but to retaliate against US economic aggression. The EU’s best
option for damage control is to defend the international multilateral
system and maintain open and free trade with the rest of the world..''
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