Trump's trade war is 'destroying economic growth,' says German economic minister

President Trump's trade war on allies and rivals alike is "slowing down and destroying economic growth, and producing new uncertainties," said German Economy Minister Peter Altmaier in an interview published Sunday.

"The past has shown that during trade wars, consumers suffer above all because products get more expensive," Altmaier argued. "A global trade war would not know winners, only losers."

The economic minister also addressed Trump's decision to withdraw from the Iran nuclear deal and re-impose punitive sanctions on Iran. Germany is among the other signatory nations that remain party to the deal. "We won't let Washington dictate us with whom we can do business," Altmaier said, "and we therefore stick to the [Joint Comprehensive Plan of Action] so that Iran cannot build atomic weapons."

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Read more on the unutterable stupidity of Trump's trade war here at The Week.