US President Donald Trump's decision to levy import tariffs on steel and aluminium typifies the administration's scattergun approach to trade policy: many victims, a lot of friendly fire and hitting all the wrong targets.
An advocate of "Made in America", Trump has been a harsh critic of his predecessors' trade agreements, which he says have taken millions of jobs away from the U.S.
On Saturday, Trump threatened European automakers with a tax on imports if the European Union retaliates.
He said that if one country was exempt, all other countries would line up to ask for similar treatment, and that metals could end up being shipped to the United States through exempted countries, the paper said.
Putin on United States election meddling: Show us the evidence
Putin had unveiled a new Russian strategic arsenal that he said was bound to make Washington stop looking down on Moscow . The review, released in early February, proposed an expanded role for nuclear weapons in United States military doctrine.
They say more American workers will be hurt by the import tax by virtue of retaliation as well as their dependence on steel and aluminum, regardless of where it originates.
Fontana-based California Steel Industries, the largest steel mill in the western United States, depends nearly exclusively on imported semifinished steel slabs, usually from Mexico, Brazil and Japan.
Canadian prime minister Justin Trudeau told reporters in Ontario he was "confident we're going to continue to be able to defend Canadian industry".
Canada is hoping it will be exempted from the new tarrifs, which also include 10 per cent on aluminum.
"The truth is economic security is national security", he said.
Oscars 2018: Nominees hit the red carpet on Hollywood's biggest night
But of the ones I saw, I'd give the nod to Richard Jenkins for " The Shape of Water " and Laurie Metcalf for "Ladybird". Would anyone not cheer seeing Harrelson at the podium? He has won twice, for "Glory" and "Training Day".
The chairman of the Japan Iron and Steel Federation sent a letter on Friday to Trump, urging him not to impose tariffs on steel and risk triggering a trade war. It brought strong criticism from some Republicans and financial markets concerned about tariffs and their effect on the economy. The White House, he said, was focused on trading conditions that had been unfairly skewed for decades.
Hua Chunying, spokesperson for the Chinese Ministry of Foreign Affairs, said if other countries followed in the steps of the U.S.it "will definitely inflict serious impacts to the worldwide trade order".
"At this point in time, there's no country exclusions", said Peter Navarro.
Energy industry officials raised concerns about the tariffs on steel since the sector relies on imports.
Following the announcement, Wisconsin's Republican Gov. Scott Walker asked Trump to reconsider his position on the tariffs - and said he had expressed his views on the matter to Ross previous year. On Sunday South Carolina senator Lindsey Graham told CBS's Face the Nation Trump was making "making a huge mistake" and should "go after China, not the rest of the world".
Penn State surprises Ohio State, earns Big Ten tourney semifinal
Whether it's the Big Ten Tournament or the NCAA's, you need great guard play and right now, MI is getting that from Rahkman. Future NBA millionaire Miles Bridges was held to 17 points on 7-of-18 shooting. "We take everything personal", Poole said.
After Trump's announcement, Chinese officials urged the USA to support global trade.
- Ex-CIA director: Trump has 'autocratic envy' toward Putin
- Congress turned down proposal of alliance in Tripura: Mamata Banerjee
- Three Del City middle school students in custody following threat
- Baker Mayfield, Josh Rosen both say they're best QB in the draft
- Arsenal directors giving up on manager Arsene Wenger
- Everton fans turn on Allardyce after Burnley defeat
- Republican governor asks Trump to reconsider tariffs
- Won't accept divergence with N. Ireland, says May
- Prime Minister Narendra Modi pauses his address at BJP HQ for Azaan
- B1G Ten Tournament Preview: Buckeyes, Wolverines Set For Title Game Rubber Match?