leviathan
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you need to check your IQ.Thats why Trump wanna re-join TPP so US can kill all none TPP nations
Apparently, The 'very table genius' fuked it up.The US says it will slap tougher tariffs on Chinese aluminium alloy after an investigation into the trade.
The Commerce Department said the metal was being sold below cost or with government subsidies - making it impossible for US producers to compete.
Beijing has expressed "strong dissatisfaction" with the step and said China would pursue its legal rights.
The decision came as China's top economic advisor Liu He arrived in the US to discuss tensions over trade.
The duties will be levied on several Chinese firms - ranging from almost 50% to more than 100%.
But the decision still needs to be backed by the International Trade Commission (ITC), which is due to announce its decision by March 15.
The tariffs follow what Washington called an "historic" probe to push President Donald Trump's tough-on-trade agenda.
"This Administration is committed to trade that is fair and reciprocal, and we will not allow American workers and businesses to be harmed by unfair imports," Commerce Secretary Wilbur Ross explained in a statement.
China's would take measures to protect its rights and interests, the country's Ministry of Commerce said.
The US investigation was launched in November last year, shortly after President Trump and US Commerce Secretary Wilbur Ross visited China.
In 2016, imports of aluminium foil from China were valued at an estimated $389m (£280m), according to the Commerce Department.
And it said it had evidence that the imports pose a threat to US industry.
Under the Obama administration, the US complained to the World Trade Organisation about aluminium subsidies in China.
But the Trump administration has embraced a more go-it-alone approach.
In April last year, the Commerce Department launched a separate investigation into steel and aluminium imports on national security grounds.
http://www.bbc.com/news/business-43221914
lol what slap on your face. Karma less than 24 hour from your post.
Now, everyone slaps Murcia...except China, China is sitting back on the chair like a boss and laughing.. My guts tells me China is the biggest winner from this.
BTW, our Trudeau is furious!
Canada seeks exemption to Trump's steel tariffs, vows retaliation
http://www.cbc.ca/news/politics/steel-trade-tariffs-trump-1.4558967
Trump’s steel tariff draws global backlash: ‘Just straight up stupid’
http://www.macleans.ca/news/world/trumps-steel-tariff-draws-global-backlash-just-straight-up-stupid/
Trump steel tariffs: European Union gears up for trade war
China, Trump’s primary tariff target, stands to gain from his steel misstep
https://www.thespec.com/opinion-sto...target-stands-to-gain-from-his-steel-misstep/
Japan, South Korea steel manufacturers fall on Trump tariff plans
https://www.ft.com/content/fe92fc46-1db0-11e8-aaca-4574d7dabfb6
If Trump thinks he's taking steel tariff war to China, he's wrong. That war is already over
https://www.cnbc.com/2018/03/02/if-trump-thinks-hes-taking-steel-tariff-war-to-china-hes-wrong.html
China weighs whether to retaliate over Trump's tariff hikes
https://www.ctvnews.ca/business/chi...retaliate-over-trump-s-tariff-hikes-1.3825856
Germany and other allies are really, really angry about Trump's tariffs
http://money.cnn.com/2018/03/01/new...nada-global-response-steel-tariffs/index.html
Trump was angry and ‘unglued’ when he started a trade war, officials say
https://www.nbcnews.com/politics/wh...d-when-he-started-trade-war-officials-n852641
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