Stories

The big picture: U.S. allies erupt in 'open trade war'

Donald Trump leaves a meeting with EU officials. Photo: THIERRY CHARLIER/AFP/Getty Images

Days ahead of a G-7 meeting this weekend in Quebec, many analysts say the U.S. is in an open trade war with its most steadfast allies.

Be smart: President Trump still appears to be winging it, throwing out one extreme idea after another. His latest threat on NAFTA may merely be his maximalist negotiating strategy at work: No one — perhaps even he — knows. But the EU, Mexico and Canada appear to be drawing a hard line in the sand, creating an atmosphere of brinksmanship.