U.S. automakers breathed a bit easier this week after President Donald Trump and European Commission President Jean-Claude Juncker announced an agreement to shelve threatened U.S. tariffs on imported autos and retaliatory European tariffs on U.S. goods while the two sides negotiate lower trade barriers. And if the episode eventually produces a true free-trade agreement between Europe and the United States, it will be a win for businesses, workers and consumers on both sides of the Atlantic.
In the hailstorm of lies, denials, do-overs and comb-overs, it can be difficult to suss out any residual good that the Trump presidency is showering on beleaguered Americans.
WASHINGTON — If you are not collateral damage in the escalating trade wars, the bulletins from the wars’ multiplying fronts are hilarious reading. You are collateral damage only if you are a manufacturer, farmer or consumer, so relax and enjoy the following reports.