Research: Trade war to target Europe next? Oct 01, 2019 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 Watch video Manage trade war outcomes in global markets with CME Group See how CME Group’s tools, economic research and education can help you track the effects of the trade war and better manage market outcomes. Learn more SEE MORE ANNOUNCEMENTS