the markets globally. they use trade chief says the bloc will challenge u.s. tariffs at the world trade organization is this the beginning of the trade also coming up there are rumblings that german cars could be the ones to bed a brunt of tit for tat tariffs will americans love affairs with beatles being risen mercs enjoy. some go up others come down china lowest tariffs on some important consumer goods. this is your business update i'm helena humphrey in berlin thanks for joining me washington's moves have been deemed illegal by europe the e.u. trade commissioner to see among them saying the bloc will not take america's actions lying down of vowing to challenge the tariffs in a case at the world trade organization in the us government but it certainly didn't waste a moment in following through on its threats. they began friday at six am central european time twenty five percent in part tariffs on steel ten percent an element the europeans reactions are clear. it is unfortunate because this is further weakening the transatlantic relations and it also increases the risk of severe turbulence is in th

they feel that these tariffs opposed by the united states contravene the world trade organization rules and that since they are illegal and the european union and germany want to stay on the legal side of the world trade organization rules which is why they are going through through the prescribed channels of notifying they would have world trade organization of the steps that are to be taken and waiting for approval from the world trade organization before imposing further tariffs before retaliating from the european side but i had my appeared to admire the german economics minister also said this morning that he was quite angry about the way things have developed because in fact he has been trying to gather with his european colleagues for weeks if not months to try and avert this and to speak to the americans in fact they have been very open in the negotiations they've said if there are any matters of complaint from the american side they were prepared to talk to them but not while being threatened or why the sanctions have been imposed and let's talk a little bit more about th

here and then you have the largest largest economy in the world and yes it is china in the middle of it all going to. the world trade organization was created based on the presumption that the world was moving towards a system of free trade and the u.s. was leading that if you logical effort and now the u.s. is moving away from it and so. it has become less relevant in a way particularly for american politics potentially for the u.k. and elsewhere and i don't know that it's necessarily going to be something that people are able to ignore entirely certainly the tariffs that our president is attempting to impose on china as well as other countries would be questions and possibly rejected by the world trade organization i don't think that it's necessarily going to become a thing of the past the world trade organization that is i think the sound how there might have to be some reorganization of it. either that or the u.s. will have to go through another eighty illogical change again to where it's treaty trade but that's not their direction that we're moving in currently you know a steve you know the united states has a long lineage

the imposition of new u.s. trade tyrus by threatening to challenge the move of the world trade organization e.u. trade commissioner c b m l strummer also accuse the us of protectionism but here mill more from her in a moment first though a look at what many fear is the start of a global trade war. they began this morning at six am central european time twenty five percent import tariffs on steel ten percent on aluminum the european reaction is clear. it is unfortunate because this is further weakening the transatlantic relations and it also increases the risk of severe turbulence is in the markets globally protectionism can never be a solution and this will hurt jobs here in the european union but also in the u.s. the e.u. has launched an official complaint at the world trade organization. they want to introduce countermeasures like tariffs on u.s. products for example bourbon whiskey motorcycles and jeans worth some two point eight billion euros e.u. member states are meeting next week to decide on the exact list many economists agree with the measure europe as a very big economy and a very impo

here and then you have the largest largest economy in the world and yes it is china in the middle of it all going to. the world trade organization was created based on the presumption that the world was moving towards a system of free trade and the u.s. was leading that if you logical effort and now the u.s. is moving away from it and so you know it has become less relevant in a way particularly for american politics potentially for the u.k. and elsewhere and i don't know that it's necessarily going to be something that people are able to ignore entirely certainly the tariffs that our president is attempting to impose on china as well as other countries will be questioned and possibly rejected by the world trade organization i don't think that it's necessarily going to become a thing of the past the world trade organization that. i think that sound how there might have to be some reorganization of it either that or the u.s. will have to go through another eighty illogical change again to where it's treaty trade but that's not their direction that we're moving in currently you know a steve you know the united states has a long li

here and then you have the largest largest economy in the world and yes it is china in the middle of it all going to. the world trade organization was created based on the presumption that the world was with the system a free trade and the u.s. was leading that it illogical effort and now the u.s. is moving away from it and so you know it has become less relevant in a way particularly for american politics tension only for the u.k. and else. where and i don't know that it's necessarily going to be something that people are able to ignore entirely certainly the tariffs that our president is attempting to impose on china as well as other countries will be questioned and possibly rejected by the world trade organization i don't think that it's necessarily going to become a thing of the past the world trade organization that is i think that sound how there might have to be some reorganization of it either that or the u.s. will have to go through another area logical change again to where it's treaty trade but that's not their direction that we're moving in currently you know if steve you know the united states has a long lineage of

increases the risk of severe turbulence is in the markets globally being used trade chief says the bloc will challenge u.s. tires to the world trade organization is this now really the beginning of the tribe or. there are rumblings of u.s. tariffs on german cars as well come america's long. with beatles being as an marks and. also on the show as some go up others come down china alloys tariffs on some imported consumer goods. there's a state of your business life from berlin i'm as well come legally unacceptable politically unfair and risking the economic distress stabilize ation of the planet that's what the french finance minister bouillon there had to say about the trade tariffs the u.s. has slapped on the you canada and mexico the european union is saying it will challenge the measures at the world trade organization you commission is either months from also accuse the us of protectionism is an overview of events so fond of what many fear is the beginning salvo of a global trade war. they began this morning at six am central european time twenty five percent import tariffs on steel ten percent on aluminum the european reaction is clear. it

the contest of the. organizations and that i think is a big challenge because on the one end there vet made a big if right there on for the w.t. or for the world trade organization at the same time there will be an union in other countries being in the case that to the w.t. or may give the upper end to the w.t. or to make sure of it that these aircraft it can be a viewer easier put the ied to prosper into context and then he's a stop before he believes it to further their damages philip why would someone wage a war against major players key allies alessi has a political message to send. well i mean he's been very clear deed for decades that he thinks that america is hard done by that the system is unfair that the fact that the united states runs large trade deficits is because other countries a cheating and that it needs to throw its weight around bilaterally in order to get better deals from its former partners and that's i think i agree again with the with the previous speaker i think partly donald trump is an instinctual protectionist and in part he thinks that by acting out like this he's going to be able to use the the mice the united states to

to stay within conformity of the world trade organization which is a very good platform for trade disputes and trade negotiations. but what the e.u. should do above all is finally realize why so many american voters supported mr trump we have large parts of the us where people are suffering where the economic development is not very positive and we should get down to brass tacks work with the trumpet ministration on the underlying causes of these problems don't use international trade as a scapegoat but focus on education infrastructure and the like to help the american people who suffered and who voted for trump in the first place thank you very much . many economists say the protective tariffs that the u.s. has initiated old steel from its allies are actually meant for china which has been subject to the tariff since march and produces far more steel than it can use china's trying to negotiate its way out of the threat of fire for wide range of products holding out the threat of counter terrorist on products from the u.s. including soybeans but american father said say their business wit

the european union has hit back at new u.s. trade tat of saying it will challenge the measures at the world trade organization the e.u. trade commissioner cecilia also accuse the u.s. of protectionism we'll hear more from her in just a bit but first take a look at what many fear is the start of a global trade war. european leaders responded to the reality of new tariffs with frustration and even exhaustion so we're angry concerned outraged because we've been in talks with the americans for months now but annoying they don't listen and they think they can belittle us but that's not possible. and the europeans are allies and that's not how i always treat each other. this finish. behind the frustrations or concerns over industry a glut of metal with nowhere to go means falling prices which could in turn threaten european jobs that would have broader consequences to the economies of european member states. the e.u. says it has no choice but to retaliate with proportional penalties on u.s. products like motorcycles jeans and whiskey a threat brushed off by u.s. commerce secretary wilbur ross you've been there for. those th

plans on doing meaning which kind of measures they want to take with the world trade organization and then the war there was the part that was a little more surprising let me talk about the first part for it's basically three fold measures that you have your first of all retaliate retaliatory measures against the u.s. something they can't do immediately but they have prepared with the w t o the deadline here she underlined against to see the monster is the twentieth of june so that's when they might slap tariffs on goods like motorcycles like orange juice all those things we covered extensively in the last well in the last weeks really then of course official complaint requests for consultation with the world trade organization that's what it's called and the third one also very interesting the safeguarding measures that means that the e.u. will now see if there's any steel or aluminum coming to the european union that was intended for the united states and therefore is causing trouble here because it's flooding the market that would consist of a different set of measures it all comes

but that's the rules of the world trade organization. ll we're trying to do basically is to bring about a restructuring of the global trading order which is actually good for free trade because it will lead to fair, balanced reciprocal trade. we would love zero nontariff barriers. zero subsidies. zero currency manipulation. these are the kind of things that plague this trading system and americans know what has happened over the last 15 years. it's not been pretty. >> one more. quickly, if i can. now it's canada, ketchup, yogurt, whiskey, lawn mower, motor boats. my final question is this. is this what winning looks like when we're at odds? our government, with gm, with harley daufds harley-davidson, our partners to the north. apple pie seems to be the only thing you're not fighting over. >> a 4% gdp growth rate. lowest unemployment for blacks and hispanics in the history. historically low unemployment rates. wages rising. productivity rising. and investment flooding into this country because of the trump trade policy. so we are going to

the e.u. trade commissioner is trying to leave the door open to new talks with the us government preferably through the world trade organization of course we are trying to work together with partners and new zealand is a very strong partner in that to see how we can strengthen and develop and elaborate within the w t o because it has served us well the e.u. is also turning to partners like new zealand and australia to negotiate new free trade deals. in a separate development japan has launched a complaint at the world trade organization to challenge south korean antidumping duties on japanese stainless steel balls it seems world trade is slowly but surely turning into a hostile environment the first damage reports are coming through from the front lines of the tariff battle germany's deila is already feeling the pinch both from the escalating trade conflict between the us china and the e.u. and from the entirely homemade emissions scandal the luxury car maker has issued a profit warning saying costs from chinese duties on cars produced in the u.s. would take a bite out of their bottom line also has to recall some eight hundred

we are elected to make those decisions but you have the world trade organization doing this. sident when he pushes back against the world trade organization. and walk away from the table as he did in canada. that's when negotiations start. if you are stuck at the table which is where we have been the last 30 years, then y won't get a good deal. kennedy: there is a trade surplus with canada and they need to export a lot of stuff here. i am sure justin trudeau would love to fly the canadian bird. >> i am glad you mentioned canada. it was canada and mexico who sued the united states in the courts if you can call them courts, the world courts to get us to remove -- [inaudible] it doesn't make sense. kennedy: thank you for stayi late. thomas massie. coming up, "topical storm." stay right here. feel the clarity of non-drowsy claritin and relief from symptoms caused by over 200 allergens. like those from buddy. because stuffed animals are clearly no substitute for real ones. feel the clarity. and live claritin clear. kyle, we talked about is. there's no monsters. but you said they'd

now, america paying more than its fair share when it comes to global organizations like the world trade organization. so you know what? why shouldn't we walk away? we'll discuss it next. charles: breaking news just moments ago president trump saying that the united states is not leaving the world trade organization even though axios reported that he wants to pull out. treasury secretary steven mnuchin telma rrhea bartiromo today that the article was quote exaggerated. although they're pushing back on the story the president says the u.s. will not be taken advantage of when it comes to trade. >> trade has been a disaster. we were being taken advantage of as a country by many, many countries with, friends and enemies and those in between. and sometimes our friends, in terms of trade, were treating us worse than the enemies. and i want to just tell you that's being taken care of very well and very beautifully. charles: so regardless of the white house's official position, many people believe it is time for us to walk away from the wto. in fact from many of the global institutions like the u.n. and nato

we're always interested in the world trade organization. ambassador lighthizer has filed complaints in the wto with respect to chinese practices and the practices of other nations, so we're still working through the wto. but international multilateral organizations are not going to determine american policy. i think the president's made that very clear. yes. yes. >> can you describe -- you talked about the summit, that there's going to be a lot of conversations, both bilateral and otherwise at the summit. is there some expectation within the administration of an actual outcome? sme ofdecision, either on some of these tariff issues, on pushing nafta forward, on some kind of communique that would push, either push forward either on trador on iran or onny of the other issues? >> we'll see what comes of it. we'll see. we're going to have all these ussios. it's rly right now. >> it's not early. we're a couple of days from the summit -- >> well, for these kinds of decisions, l them meet first. let them meet. let them discussion, and then we'll see

challenges the legality of the world trade organization. and i don't even know if we still have a house or if it was destroyed. millions of syrians risk losing their homes because of a property law. i'm joining the day sports including finals frustration the caps lose game one for the worry is also only while bron james was so annoyed at his teammates. that first spain has a new prime minister after mariano rajoy lost a palm tree vote of confidence ending six and a half years in power the opposition socialist party leader is now the new prime minister he broke the no confidence motion after members of the whores conservative people's party were jailed for corruption need tucker reports. a new political dawn for spain forty six year old former economics professor pedro sanchez who is now the. a minister. in a moment i am aware of the responsibility that i assume in such a complex political moment in our country and what i can say is that apart from been totally aware of it i am going to face all our country's challenges with humility and comm

challenges their legality at the world trade organization plus why a new museum in cape town with the world's largest collection of african art isn't looking attractive to everyone. but let's start in spain which now has a new prime minister after mariano rajoy lost the parliamentary vote of confidence ending six and a half years in power the opposition socialist party leader fed to refine chairs he's the new prime minister he brought the no confidence motion after members of the hallways conservative people's party jail for corruption need a report from madrid. a new political dawn for spain forty six year old former economics professor pedro sanchez who's now the country's do you like minister. i am aware of the responsibilities that i assume in such a complex political moment in our country and what i can say is that apart from being totally aware of. i'm going to face all our country's challenges with humility and commitment and above all with a lot of determination first to transform and modernize our country which is what the socialist party has always done when we have been in

but that's the rules of the world trade organization. so what all we're trying to do basically is to bring about a restructuring of the global trading order, which is actually good for free trade because it will leave to fair, balanced, reciprocal trade. we would love zero tariffs, zero non-tariff barriers, zero subsidies, zero currency manipulation. these are the kinds of things that plague the trading system. >> peter -- >> americans know what's happened over the last 15 years. it's not been pretty. >> one more. quickly if i can. now it's canada. ketchup, yogurt, whisky, lawn mowers, motorboats. i guess my final question is this, is this what winning looks like when we're at odds, our government with gm, harley-davidson, our neighbors to the north. apple pie seems to be the only thing on the list right now that you're not fighting over trade. respond. >> here is what winning looks like, a 4% gdp growth rate, the lowest unemployment for blacks and hispanics in history, a historically low unemployment rate. wages rising. productivity risi

trade organization doing this. i support the president when he pushes back against the world trade organization. able as he did in canada. that's when negotiations srt. if you are stuck at the table which is where we have been the last 30 yea then you won't get a good deal. kennedy: there is a trade surplus with canada and they need to export a lot of stuff here. i am sure justin trudeau would love to fly the canadian bird. >> i am glad you mentioned canada. it was canada andico who sued the united states in the courts if you can call them courts, the world courts to get us to remove -- [inaudible] it doesn't make sense. kennedy: thank you for staying late. thomas massie. coming up, "topical storm." stay right here. -and we welcome back gary, who's already won three cars, -andtwo motorcycles, a boat, and an r.v. i would not want to pay that insurance bill. [ ding ] -oh, i have progressive, so i just bundled everything with my home insurance. saved me a ton of money. -love you, gary! -you don't have to buzz in. it's not a question, gary. on march 1, 1810 -- [ ding ] -frédéric chopin. -collapsing i

on alimony and steel by the us president donald trump last month she's also called on the world trade organization to address china's policy of economic dumping of the exporting of its goods a very low price is abroad undercutting domestic producers in importing nation seceded a maelstrom said that she felt that the european union was doing this somewhat reluctantly but within the rules of the world trade organization the e.u. earmarked earlier on in the year three point two billion dollars worth of u.s. goods to impose tariffs on those towers of course begin on friday were toiletry measures expected to send very much in the eyes of the european union a symbolic message to the white house. prepared to take over the top spots in a world cup. yes . now only this. when the news breaks. on the mailman city and the story builds to be forced to leave just. when people need to be heard to women in googles be gone soon and given away in refugee camps al jazeera has teams on the ground to bring you the mood winning documentaries and nine times on al-jazeera i got to commend you hearing is good journalism o

the straight and government has won a major trade dispute over its plain packaging laws for tobacco products the world trade organization has ruled the laws helped improve public health rules require cigarette manufacturers to remove all logos and branding from their products. a spacecraft bound for the international space station is taking off from cape canaveral in the u.s. three two one. the private company space x. is resupplying the supplies as part of a nasa mission the company says it's the last time it will use this type of rocket it will focus on producing usable rockets. zero these are the top stories around one hundred refugees are feared to have drowned after their boat capsized in the mediterranean sea off the coast of libya follows a compromise deal between leaders in brussels that they hope will control the influx of refugees trying to cross into europe the agreement pages more funding to turkey and north african countries including libya to stop sea crossings it also gives member states the option of setting up migrant processing centers on their own soil. thailand's prime minister's visit the size of a

ukraine complaints to the world trade organization. ia put up a defense by saving part of the world trade organization charter. invokey need to do is the essential security concerns. carol: that is national security concern. >> most countries thought that seemed a little week. all you need to do is say essential security and the whole issue goes away. one country did take russia's side. that is the united states. that has to have something to do with the fact that national security is the exact same reason the trump administration cited for the tabs it on canada -- steel and aluminum. carol: this meant prime minister trudeau, and say we have been allies for a long time as a we are ends. thehere is a great part of toronto star -- a canadian official related that trudeau explained to trump that the airbase you enter that? the reason that it is that is anduse it was erected provided air defense for a gigantic aluminum smelter. if it is the aluminum that made american planes that fought in world war ii. trump did not take that on board. tha

world agrees with us regarding china's trade practices. the whole world. and in fact, many parts of that world have filed their own complaints on exactly the same grounds. eitherith t government of with the world trade organization. make no mistake about that. our president has taken action, strong decisive action, as i said, i continue to refer to him as a trade reformer, and by the way, i will elaborate once more. he regards himself as a free trader. but until we can deal with these unfair practices and soforth, we will not have fair trade. until we can have reciprocal relationships, we will not have free trade or fair trade. i think the cause the just. i think the rest of the world of the agrees with him. -- i think his cause is just. i think the rest of the world agrees with him. >> does he want to go on this trip? >> the president is at ease with alhe issues. he's proven himself to be a leader on the world stage and he's achieved great successes i might add in foreign policy. so i't thi there's any issue there at all. >> to your point on the mindset, british prime minister may -- [inaudible] -- what does the president think of the remarks? >> there are disagreements. 'sticking to guns and he's going to talk

the world. last thing i should tell you is about the world trade organization which is very, very interesting. you might thing the world trade organization was an organization where it led to a lowering of tariffs for everybody. but the problem is they have is thing called m.f.n., most favored nation, rule which says any given country has to charge the lowest tariffs in the -- to any one country that they charge to everybody else. let me say that again. the tariff they're going to set , the lowest they give to one country they have to charge to everybody else. so if we set 2.5% tariffs on autos, that's what we set to everybody. but if china sets 25% to everybody, they can get away with that. european union can get away with 10%. so that's the global trading order that this president and this administration wants to move towards the more ideal world of free, fair, balance, and reciprocal trade. now, let's get to the matter at hand. this report by the office of trade manufacturing policy was months in the making. it was an interagency effort where the report went out to numerous agencies in the i

the world off most of the grain u.s. former special adviser to the director general of the world trade organization whereas the world trade organization and all of this kind of do anything. well obviously both the u.s. and china back in april launched a cases that are riccio the u.s. because of alleged chinese i intellectual property violations and the chinese against the then proposed u.s. measures and the cases will take their course the fact that the u.s. is now acting unilaterally and the chinese are responding you know actually undermines the dobie cio and the global trading system i think the bigger picture obviously is that. donald trump for stress and to pull out of that obviously oh if the w.h.o. were to rule against his moves he might move by carry out that threat and any case he's been trying to sabotage the dispute settle a mechanism by refusing to approve the. the if not in a judge's new appellate court judges to as old ones have left and that means that soon there might not be a quorum and soon therefore the system would break down yet gentlemen we don't have very long left in the show and i'd like to ask a

the world off most of the grain u.s. former special adviser to the director general of the world trade organization whereas the world trade organization and all of this kind of do anything. well obviously both the u.s. and china back in april launched a cases that are b.t.o. the u.s. because of alleged chinese i intellectual property violations and the chinese against the then proposed u.s. measures and the cases will take their course the fact that the u.s. is now acting unilaterally and the chinese are responding you know actually undermines the dog b.t.o. and the global trading system i think the bigger picture obviously is that. donald trump has threatened to pull out of that obviously if the show were to rule against his moves he might move by carry out that threat and any case he's been trying to sabotage the dispute settle a mechanism by refusing to approve the. the if not in a judge's new appellate court judges to as old ones have left and that means that soon there might not be a quorum and soon therefore the system would break down yet gentlemen we don't have very long left in the show and i'd like to ask a last

the world off most of the grain u.s. former special adviser to the director general of the world trade organization whereas the world trade organization and all of this kind of do anything. well obviously both the u.s. and china back in april launched a cases that are riccio the u.s. because of alleged chinese i intellectual property violations and the chinese against the then proposed u.s. measures and the cases will take their course the fact that the u.s. is now acting unilaterally and the chinese are responding you know actually undermines the dog b.t.o. and the global trading system i think the bigger picture obviously is that. donald trump to stress and to pull out of that obviously oh if the w.h.o. were to rule against his moves he might move i carry out that threat and any case he's been trying to sabotage the dispute settle a mechanism by refusing to approve the. if not in a judge's new appellate court judges to as old ones have left and that means that soon there might not be a quorum and soon therefore the system would break down yet gentlemen we don't have very long left in the show and i'd like to ask a last

melissa: new reports claiming president trump is thinking about exiting the world trade organization but treasury secretary steven mnuchin is setting the record straight with our own maria bartiromo. christina is life at the white house to break down the back and forth. christina? >> there's always some back and forth going on. but you had axios put out the report saying that the united states is looking to leave the wto. the wto had 164 members. they talk about lowering trade barriers for countries. and then you had steve ma new chin on maria earlier this morning saying he dismissed the claims. listen in. >> this is an exaggeration. the president has been clear withous and with others, he has concerns about the wto, he thinks there's aspects of it that are not fair. he thinks that china and others have used it to their own advantage. but we are focused on free trade. that's what we're focused on, breaking down barriers. >> and then back on fox business news we had the editor in chief of axios respond to treasury secretary mnuchin notice how he said that the claims were exaggerated bu

would be the question and question and possibly were just simply rejected by the world tracked it by the world trade organization i don't hate organization. and i don't think that it's necessarily going to be called that it's necessarily going to become. i think i think that has to pass the us the world trade organization trade organization that it's a space that i think that that. sound how there might have sound how there might have to be some to be some real are you organization you know that it. either that or that or. the u.s. u.s. waltz will have to go through go through another idiot or another it illogical change again and again to where it's tourist trade treaty trade great. but that's not that's not their direction that their direction that we're moving incur movie and currently early you know it's you know a steve you know the dignity to the united states is a state long long lineage of lineage of protectionist protectionist. strategies that present strategies that presidents dissidents have deployed deployed in an end to gain and to grow grow and industrialized the american just realize the american

emily: we heard from the director general from the world trade organization who cautioned against theoves that the trump administration is making. also said the status quo does need some improvement. take a listen. >> the wto was created in 1995. the internet barely existed. e-commerce was nonexistent. today, it is the biggest growing segment of the economy. so, yeah, we need updates. how deep, how fast, what kind, that is a conversation they need to have. what are folks in the eu having to say about the fact that the economy, technology, has evolved significantly since these rules were put into place, while perhaps they may not be happy with this solution, could it be something else? caroline: i think they are willing to try with the world trade organization and see how they can mediate between the u.s. and the eu. the eu has gone out to the wto. as soon as friday, they will be putting the complaint to the wto. saying this is not in accordance to their roles to see these tariffs of 25% slept upon steel for you -- for imports into the u.s. i think the w tal -- the wto knows that itsel

canada said it would join the european union in filing a challenge at the world trade organization. i—establishment parties who nominated him will serve as ministers. the president had previously rejected his pick for finance minister. an emergency timetable is being introduced by northern rail from monday after its new schedule, brought in a fortnight ago,

canada said it would join the european union in filing a challenge at the world trade organization. inister, ending a period of political deadlock. the leaders of two anti—establishment parties who nominated him will serve as ministers. the president had previously rejected his pick for finance minister.

canada said it would join the european union in filing a challenge at the world trade organization. r, ending a period of political deadlock. the leaders of two anti—establishment parties who nominated him will serve as ministers. the president had previously rejected his pick for finance minister. the spanish prime minister, mariano rajoy, was forced out of office this week. one pressing issue facing his successor is the future of the northeastern region of catalonia, where an unsanctioned

decision to slap trade tariffs on european steel and aluminum europe warned that a tit for tat tariff attack could come later this month today the european union asked the world trade organization to get involved this is the closest thing that global trade has to a court of justice but it's wheels they turn slowly and there is no one foresman the european union's trade commissioner today refused to call this an all out trade war saying psychology and words matter a lot and she made her point by applying trumps winning campaign strategy to his tariff policy she said when they say america first we say europe united. they began this morning at six am central european time twenty five percent import tariffs on steel ten percent on aluminum the european reaction is clear. it is unfortunate because this is further weakening the transatlantic relations and it also increases the risk of severe turbulence is in the markets globally protectionism can never be a solution and this will hurt jobs here in the european union but also in the u.s. the e.u. has launched an official complaint at the world trade organization. they want to introduce countermeasures like tariffs on u.s. products for

if they go before the world trade organization with that such a complaint they would have very. good chance of winning now so what how many divisions does the pope have is i believe the question once asked by stalin there it is important who controls the w c o. t o it is one of those multilateral institutions that will only be as strong as the voluntary consent of those who are there now having said that i think it's important for you are up and other important trading partners to make sure that the united states is by itself outside of this. dispute resolution system of course always welcome to come back but that's the irony that we're seeing here is that you've got this particularly the european union trying to stay within the parameters of this of the this multilateral agreement that the united states helped to create that's two years ago hundred sixty four members and in fact. it's the european union's way of saying look at us behaving this is the way that global diplomacy should be conducted by taking a complaint for example to the world trade organization which you have to