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Former U.S. diplomat Wendy Cutler says trade tensions could push allies to forge closer relationships with other countries like China and India .
Cutler: "I don't think it's out of the question that perhaps the EU even thinks about joining CPTPP " Countries may need to get used to Trump 's "zig-zagging" on tariff policy, she said.
"My advice would be.. don't bother," Olson said. Asked how long Trump may maintain a stance of "zig-zagging" on trade policy, Olson said the U.S. president is not looking for "solid, concrete resolutions." Instead, Trump is likely "looking to keep trade partners always in the hot seat, and to always have that sword of Damocles hanging over their heads." A White House spokesperson was not immediately available to comment when contacted by CNBC . — CNBC 's Abby Ryanto contributed to this report..
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