The conflicts between the EU and China continue despite attempts to negotiate solutions. Western producers accuse China of undercutting prices and flooding markets with cheap steel.
China says it does not want to initiate a trade war with the US following Trump's decision to impose import tariffs on steel and aluminum. It, however, vows to defend its national interests amid American protectionism.
Countries across the world have urged Washington to exempt them from the steep tariffs on steel and aluminum, with the EU warning it would retaliate if hit. Chinese steelmakers urged Beijing to target US coal.
China condemned the tariffs as "a serious attack" on the international trade system, while Japan warned that the tariffs regime could hurt economic relations with the US. Several countries say they should be exempted.
Hours ahead of the signing of trade tariffs on steel imports, President Trump has insisted he doesn't want a trade war. Washington is set to soften the blow of its new penalties with exemptions for certain countries.
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