Research: Trade war to target Europe next?

Trade war to target Europe next?

By Blu Putnam, Chief Economist, CME Group

Highlights

  • US could target Europe in next phase of trade war possibly in October
  • New front on trade war would hurt auto sector in Alabama and South Carolina
  • Faltering German economy, which relies on auto exports, could be hit hard
  • Euro could fall to parity against US dollar as investment capital flees Europe
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