Beware of robber banks (RB), bad advisors.
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China warns Trump over potential steel and aluminum tariffs
China is warning President Trump that it will take action if he puts heavy tariffs on imports of steel and aluminum. U.S. Commerce Secretary Wilbur Ross on Friday recommended that Trump impose measures against foreign suppliers of the metals in the name of national security, the latest sign of a tougher stance on trade by the administration. Trump has until mid-April to decide what to do. "If the United States' final decision affects China's interests, we will take necessary measures to defend our rights," said Wang Hejun, a senior official at China's Commerce Ministry, according to a report Saturday by state-run ... (full story)