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Russia Germany Dispute Could Trigger Trade War

<p class&equals;"p1"><span class&equals;"s1">German lawmakers are calling to block the United States from European businesses after Congress threatened sanctions against any company working on the <strong>Nord Stream 2<&sol;strong> &&num;8211&semi; a submarine gas pipeline linking Russia to Germany&period; <&sol;span><&sol;p>&NewLine;<p class&equals;"p1"><span class&equals;"s1">When completed&comma; the &dollar;10 billion pipeline is expected to double the amount of Russian natural gas reaching Germany&period; <&sol;span><&sol;p>&NewLine;<p class&equals;"p1"><span class&equals;"s1">Lawmakers in the US&comma; Ukraine&comma; and Poland fear the pipeline would give Russia too much power over Europe’s energy supply &lpar;not to mention massive profits for Putin&rpar;&period; <&sol;span><&sol;p>&NewLine;<p class&equals;"p1"><span class&equals;"s1">President Trump has already signed off on asset freezes and visa restrictions for any company involved in the project&period;<&sol;span><&sol;p>&NewLine;<p><strong>One Swiss company has already suspended work on the pipeline in fear of sanctions US lawmakers warned could be &&num;8220&semi;fatal&period;&&num;8221&semi;<&sol;strong><&sol;p>&NewLine;<p>Germany and the EU responded to the threat with outrage&comma; with one official saying the EU opposed the sanctions &&num;8220&semi;<span class&equals;"s1">as a matter of principle to the imposition of sanctions against European companies engaged in legal activities&period;”<&sol;span><&sol;p>&NewLine;<p class&equals;"p1"><span class&equals;"s1">German Chancellor Angela Merkel’s spokeswoman&comma; Ulrike Demmer&comma; said the sanctions would &OpenCurlyDoubleQuote;hit German and European companies and constitute an interference in our internal affairs&period;”<&sol;span><&sol;p>&NewLine;<p class&equals;"p1"><span class&equals;"s1">German lawmakers already frustrated with President Trump over his troop withdrawals&comma; trade tariffs&comma; and abandonment of international agreements say it may be necessary to work closer with Russia and China to fortify Europe’s defenses against US sanctions&period; <&sol;span><&sol;p>&NewLine;<p class&equals;"p1"><span class&equals;"s1">German officials say they will <&sol;span><span class&equals;"s1">propose a firewall to protect Europe from US sanctions next year when Berlin assumes the EU’s presidency&period;<&sol;span><&sol;p>&NewLine;<p class&equals;"p1"><span class&equals;"s1">&&num;8220&semi;Washington is treating the EU as an adversary&comma;” said one official&period; &OpenCurlyDoubleQuote;It is dealing the same way with Mexico&comma; Canada&comma; and with allies in Asia&period; This policy will provoke counter-reactions across the world&period;”<&sol;span><&sol;p>&NewLine;<p>Russia&comma; unperturbed by the threat&comma; said it would use its own ships to finish the pipeline if its European partners withdraw&period; As it stands&comma; the project is just under 100 miles short of completion&period;<&sol;p>&NewLine;<p><strong>Editor&&num;8217&semi;s note&colon;<&sol;strong> While Trump may be over reaching here&comma; there is no doubt that Russia would use the pipeline for political purposes&period;<&sol;p>&NewLine;<p class&equals;"p1">&NewLine;

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