Trump's tariffs: Major US trading partners blast steel and aluminum move - News Summed Up

Trump's tariffs: Major US trading partners blast steel and aluminum move


President Donald Trump has moved ahead with steep tariffs on steel and aluminum, upsetting many of America's biggest trading partners. The Chinese Commerce Ministry called Trump's tariffs "a serious attack on normal international trade order" and said that Beijing is "firmly opposed" to the measures. South Korea will use Trump's tariffs as an opportunity to seek new markets for its steel, the Trade Ministry said in a statement. Japan: Trump's decision is 'regrettable'Japan, another major US ally in Asia, called Trump's decision to impose tariffs "regrettable." Mexico: Tariffs are separate from NAFTA talksMexico, the third biggest trading partner with the US, was also exempted from Trump's steel and aluminum tariffs.


Source: CNN March 09, 2018 07:54 UTC



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