The Week | 9th June 2018
AMERICA ALONE: TRUMP'S TRADE WAR
The US fired the opening shot in a potential trade war with some of its closest allies last week by slapping large tariffs on imports of steel and aluminium from the EU, Canada and Mexico. President Trump had initially exempted them from the twenty percent duty on steel and 10% duty on aluminium that he announced in March, as part of a bid to stop China flooding global markets
with cheap metals. But last Thursday, the US commerce secretary, Wilbur Ross, declared an end to the temporary reprieve for Europe, Canada and Mexico, claiming that insufficient progress had been made in talks and citing national security concerns.
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Articles in this issue
Below is a selection of articles in The Week 9th June 2018.