Trade War with the EU?

Looks like Europe is firing first – in the expected post US Election Trade battles:

• Business Insider – The French government wants the EU to stop trade talks with the US
• Bloomberg – Apple Ordered to Pay Up to $14.5 Billion in EU Tax Crackdown
• ZeroHedge – After Its “Predatory Tax Grab”, Europe Prepares Crackdown On Amazon, McDonald’s

Not sure what the response from the US will be – Europe is already is such bad shape – here is a little sample from ZeroHedge:

• When ‘Whatever It Takes’ Fails: 37% Of Italians Give Up Job Hunt As Welfare State Grows
• Norway Raids Sovereign Wealth Fund To Cover Government Expenses
• Germans “Lose Faith In Banks”, Rush To Buy Safes

Not sure any of these problems are addressed by attacking US Companies – but it may serve as a distraction from Europe’s ongoing refugee crisis:

• ABC News – Europe’s Refugee Crisis Simmers Despite Efforts to Solve It
• Business Insider – The Italian Coast Guard rescued 6,500 migrants in a single day  & The Danish PM is seeking an emergency law to reject asylum seekers at borders