After an era pushing the world toward open trade, the U.S. under President Trump has just pivoted toward higher tariffs and bilateral brinkmanship.

President Donald Trump met with European Commission President Ursula von der Leyen during his trip to Scotland.

France and Germany have warned about the economic fallout from the 15 percent tariffs European goods face in the U.S.

The European Union and the US have announced a political agreement that will completely reset the €1.7 trillion ($2 trillion) transatlantic trade relationship.

On Thursday, Donald Trump announced sweeping new tariffs against U.S. trading partners that will go into effect next week. The announcement came on the same day that an appeals court grappled with the question of whether Trump’s tariffs are even legal.

U.S. President Donald Trump slapped steep tariffs on exports from dozens of trading partners including Canada, Brazil, India and Taiwan, pressing ahead with his plans to reorder the global economy ahead of a Friday trade deal deadline.