Donald Trump signs order for metals tariff plan, prompting fears of trade war - News Summed Up

Donald Trump signs order for metals tariff plan, prompting fears of trade war


“Steel is steel,” said Trump. Officials from China and Europe have threatened retaliation if Trump goes ahead with his plan. Trump’s plan is to impose a 25% tariff on imports of steel, and a 10% tariff on aluminium. The White House trade adviser Peter Navarro, speaking on the Fox Business Network, said: “Look, this is pretty simple in this case. “Democrats and Republicans have been blind to this and President Trump isn’t.”But Schumer urged Trump to tailor his plan so that it targets China and does not affect allies.


Source: The Guardian March 08, 2018 16:13 UTC



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