Trump might be close to escalating a trade fight with China
2018-02-18 09:24:55 source：Vox
February 17, 2018
The Trump administration is weighing stiff new limits and tariffs on steel and aluminum imports — and China, one of the proposal’s main targets, is warning it might want to think twice.
Commerce Secretary Wilbur Ross issued a pair of reports on Friday on a months-long investigation into the national security impacts of steel and aluminum imports to the United States. The measures proposed would cut imports from around the globe in an effort to boost domestic production. China warned the country would take “necessary measures to defend our rights” should President Donald Trump decide to follow Ross’ recommendations. Trump has until April to decide what to do.
“Imports threaten to impair our national security,” Ross told reporters Friday as he released the reports detailing options that he has presented Trump to shield US industries from foreign competition, according to the Wall Street Journal.
Read more: