Trump wants to put tariffs on $11 billion of EU goods, but doing so wouldn't be a 'new front in the

The US's threats to place tariffs on $11 billion worth of goods from the European Union are not an escalation of the trade war, according to UBS. The tariffs are legal and sanctioned by the World Trade Organization from a case filed in 2004 that accused the EU of providing illegal subsidies to Airbus. The Trump administration's trade tensions with both the EU and China, however, may cause the recent move to be misunderstood. Visit Markets Insider.com for more stories. US Trade...