US President Donald Trump has decided slap hefty tariffs on foreign steel imports, in a bid to save the country’s dwindling industry. But could it lead to a trade war?
The threat of steeper US tariffs on EU-assembled vehicles could lead to a global trade war. German automakers, which produce more vehicles in the US than they export there, are in the Trump administration's crosshairs.
US President Donald Trump has threatened new tariffs on Chinese imports, raising fears of an escalating trade war. Trump threatened further sanctions should China — which accuses the US of "blackmail" — retaliate.
American-German businessman Martin Richenhagen is far from happy about the Trump administration's aggressive trade policies. "We are surprised on a daily basis by strange initiatives," he told DW.
Donald Trump ratchets up tensions with plans to impose more tariffs on China. Such punitive measures might be effective in the short term, but in the grander scheme, China has the upper hand, says DW’s Frank Sieren.
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