The European Union is crafting a targeted response to President Trump's apparently capricious declaration of a trade war last week. In answer to Trump's steel and aluminum tariffs, the EU plans to levy new import taxes on American goods including some vehicles and bourbon, the latter of which not coincidentally is produced in Senate Majority Leader Mitch McConnell's (R) home state of Kentucky.
However the trade war shakes out — and it's probably not going to be good, as Trump insists he's "not backing down" — it has at least brought us one spark of joy: this perfect headline from London's business-focused City A.M. paper. Hats off to the author. Bonnie Kristian
The Week
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