Trump's Using Tariffs To Tempt China Into Designing Better Trade Deals With The US
Europe Renews Tariffs On Chinese Steel Pipes As High As 72%
As the world watches breathlessly if Trump will follow through with his threat to slap steel and aluminum import tariffs, Europe continues to quietly ratchet up its own trade war with China and nobody seems to mind.
On Tuesday, as China was trying to define its future trade relations with the US, it was delivered a broadside from the European Commission after Brussels announced it had renewed tariffs on Chinese steel imports, some as high as 71.9%, saying producers in France, Spain and Sweden face a continued risk of imports from China at unfairly low prices. Ironically, that's the same thing that Trump is saying.
https://www.zerohedge.com/news/2018-03-06/europe-renews-tariffs-chinese-steel-pipes-high-72
[Posted at the SpookyWeather blog, March 9th, 2018.]
As the world watches breathlessly if Trump will follow through with his threat to slap steel and aluminum import tariffs, Europe continues to quietly ratchet up its own trade war with China and nobody seems to mind.
On Tuesday, as China was trying to define its future trade relations with the US, it was delivered a broadside from the European Commission after Brussels announced it had renewed tariffs on Chinese steel imports, some as high as 71.9%, saying producers in France, Spain and Sweden face a continued risk of imports from China at unfairly low prices. Ironically, that's the same thing that Trump is saying.
https://www.zerohedge.com/news/2018-03-06/europe-renews-tariffs-chinese-steel-pipes-high-72
[Posted at the SpookyWeather blog, March 9th, 2018.]
