× Business BUSINESS MOTORING SHIPPING & LOGISTICS DR PESA FINANCIAL STANDARD Digital News Videos Health & Science Lifestyle Opinion Education Columnists Moi Cabinets Arts & Culture Fact Check Podcasts E-Paper Lifestyle & Entertainment Nairobian Entertainment Eve Woman Travelog TV Stations KTN Home KTN News BTV KTN Farmers TV Radio Stations Radio Maisha Spice FM Vybez Radio Enterprise VAS E-Learning Digger Classified Jobs Games Crosswords Sudoku The Standard Group Corporate Contact Us Rate Card Vacancies DCX O.M Portal Corporate Email RMS
×

Trump sets off trade war with allies

NEWS
By BBC | June 2nd 2018
By BBC | June 2nd 2018
NEWS
US President Donald Trump

Europe, Canada and Mexico are planning retaliatory moves after President Trump imposed tariffs on steel and aluminium imports to the US.

The European Union issued a 10-page list of tariffs on US goods ranging from Harley-Davidson motorcycles to food products.

It also plans to challenge the move at the World Trade Organisation. Mr Trump claimed the tariffs would protect US steelmakers, which were vital to national security.

French President Emmanuel Macron called Trump to tell him the tariffs were “illegal” - a term echoed by Bernd Lange, chair of the European Parliament’s international trade committee.

The MEP hoped a trade war could be avoided but warned that Trump’s action demonstrated the US president was “not willing to stick to the rules”.

Germany’s Economy Minister Peter Altmaier hoped a decisive EU response would make Trump reconsider his decision. UK International Trade Secretary Liam Fox said the 25 per cent levy on steel was “patently absurd”.

Share this story
Firm to increase whisky offers
The brand says it will roll out three more varieties of extra matured single malt Scotch whisky in the market.
CS Najib Balala summoned over stalled project
There have been reports of cut-throat competition between agencies under the Ministry of Tourism.
.
RECOMMENDED NEWS
Feedback