Trump plan for tariffs draws backlash at home and abroad
President Trump's promise to slap tariffs on steel and aluminum has escalated fears of trade wars with allies and others. France's finance minister said that such tariffs would cause a strong...
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JUDY WOODRUFF: Fears of trade wars with U.S. allies and other countries are escalating tonight, after President Trump's promise to slap tariffs on steel and aluminum. There have been calls for the president to dial back his plan, and the rhetoric and threats are intensifying at home and abroad. The news of President Trump's decision made for rocky trading overnight in Asian and European stock markets. It also led to tough words from foreign governments, now that President Trump has announced that he plans to slap a 25 percent tariff on steel imports to the U.S., and a 10 percent tariff on aluminum imports. France's finance minister put Washington on notice: BRUNO LE MAIRE, French Finance Minister (through translator): The United States should ...
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JUDY WOODRUFF: Fears of trade wars with U.S. allies and other countries are escalating tonight, after President Trump's promise to slap tariffs on steel and aluminum. There have been calls for the president to dial back his plan, and the rhetoric and threats are intensifying at home and abroad. The news of President Trump's decision made for rocky trading overnight in Asian and European stock markets. It also led to tough words from foreign governments, now that President Trump has announced that he plans to slap a 25 percent tariff on steel imports to the U.S., and a 10 percent tariff on aluminum imports. France's finance minister put Washington on notice: BRUNO LE MAIRE, French Finance Minister (through translator): The United States should ...
