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Revenge over Donald Trump's steel tariffs is "unavoidable", warns Theresa May at G7 summit

From mirror.co.uk

The President has slapped a 25% duty on steel and 10% on aluminium, which the Prime Minister described as "deeply regrettable" Theresa May has blasted Donald Trump over his "deeply regrettable" steel tariffs and warned revenge was "unavoidable". The Prime Minister said she was "disappointed" he was sticking with the move to impose a 25% duty on steel and 10% on aluminium. And she warned his radical move would make "everyone poorer". Her dramatic intervention sparked fears of a tit-for-tat trade war. The EU, which has called Mr Trump's decision "illegal" and a "dangerous game", is now sizing up a revenge attack with ... (full story)

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  • Category: Fundamental Analysis