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​Comment: EU must prepare for volatile energy prices if trade war develops

By Dave Keating ( March 15, 2018, 15:55 GMT | Comment) -- The European Commission's energy department should be preparing for the possibility of a global trade war following new US tariffs on steel and aluminum. The latest report from the International Energy Agency warns that any escalation could have an unpredictable effect on energy flows and prices.US President Donald Trump’s imposition of import tariffs on steel and aluminum last week prompted a rapid response from the European Commission’s trade department, which quickly drew up a proposed list of retaliatory tariffs on US products such as peanut butter, motorcycles and whiskey....

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