Global trade war looms as President Trump signs off hefty steel and alluminium tariffs

The US launched its threatened hefty steel and aluminium tariffs despite 100 Congress men writing to the President warning that this would precipitate a trade war and global economic disaster. Donald Trump signed an order meaning US steel imports now face a 25% tariff and aluminium 10%. Trump exempted neighbouring Canada and Mexico, and hinted … Continue reading Global trade war looms as President Trump signs off hefty steel and alluminium tariffs