USA/EU - Steel Import Threat May Backfire, EU Warns

Arno Froese

European Union Trade Commissioner Cecilia Malmstrom said she’s “extremely worried” about a U.S. threat to curb steel imports for national-security reasons, saying the step could trigger protectionist reactions around the world.

As President Donald Trump presses ahead with his “America First” policy, unease is mounting in Europe over a U.S. probe begun in April into steel shipments. The inquiry marks a further challenge to a multilateral trade order also shaken by Trump’s decisions to pull out of a new trans-Pacific commercial accord, freeze talks on a deal with the 28-nation EU and renegotiate a longstanding pact with Canada and Mexico.

Malmstrom declined to speculate about the precise form of any U.S. limits, instead stressing that in any case they would harm the EU.

“Even if we are not the target, we will be collateral damage in this process, which is going to hit Europe very hard,” she said.

-www.bloomberg.com, 19 June 2017

Arno's commentary

Free trade, as it has been known, is a strong contributing factor toward the super-success of globalism. Those—in this case the USA—who attempt to implement protectionism will in the end lose. The world is destined to become one, and each member of the family of nations not fully cooperating will be affected negatively.

We emphasize that as the Church of Jesus Christ, we are neither for nor against globalism. We are in this world, but not of this world. Bible prophecy does not leave us in the dark; world unity is clearly predicted and will happen. Revelation 16:14 reads: “For they are the spirits of devils, working miracles, which go forth unto the kings of the earth and of the whole world, to gather them to the battle of that great day of God Almighty.” We note the words, “the earth” and “the whole world.” This means all nations of the world stand in opposition to God the Creator; subsequently, it is the Almighty who will meet the leader of the nations, the god of this world, in person and destroy him with the brightness of His coming.

Arno Froese is the executive director of Midnight Call Ministries and editor-in-chief of the acclaimed prophetic magazines Midnight Call and News From Israel. He has authored a number of well-received books, and has sponsored many prophecy conferences in the U.S., Canada, and Israel. His extensive travels have contributed to his keen insight into Bible prophecy, as he sees it from an international perspective.

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