Economics

EU’s Hogan Sees ‘Turbulent’ Period Ahead on U.S.-EU Trade Front

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European Trade Commissioner Phil Hogan said he expects the transatlantic trade relationship will hit a rough patch that could soon result in higher tariffs on U.S. and European goods.

“Judging by the signals coming out of the United States administration in recent days I think we could have a turbulent period ahead in the context of the U.S. election,” Hogan said Tuesday during a webinar in Brussels. “I don’t see good positive signals from President Trump in recent days about threatening more tariffs on European products.”