EU’s Moscovici: Protectionism is the biggest risk to Europe's robust eco growth this year

The European Union's (EU) Economic Affairs Commissioner, Pierre Moscovici, was on the wires last hour, via Reuters, speaking at the Peterson Institute for International Economics.

Key Headlines:

World financial leaders should keep a cool head over world trade disputes.

Protectionism is the biggest risk to Europe's robust economic growth this year.

The US last month imposed import duties on steel and aluminum, mainly against China.

China retaliated imposing tariffs on more than a hundred US products.

The US President, Donald Trump, has threatened to impose tariffs on $150 billion in Chinese imports to the US to punish what US officials call China's predatory industrial policies.