China's Commerce Ministrysaid Trump's plan would "seriously damage multilateral trade mechanisms represented by the World Trade Organisation and will surely have huge impact on normal worldwide trade order".
The president's full-throated backing of tariffs is in keeping with a campaign pledge to protect American workers from the vagaries of global trade.
President Donald Trump announced Thursday that the U.S. would impose new tariffs on imports on steel and aluminum once a formal order is signed next week.
US President Donald Trump with China's President Xi Jinping.
- Global trade experts say they expect the president's decision will make it easier for other countries to enact tit-for-tat tariffs in the name of national security.
- The European Unionvows to hit back with tariffs on American-made motorcycles, bourbon, and denim jeans. "So, while it might effect an individual producer for a little while, overall it's not going to be much more than a rounding error", the commerce secretary said.
Arcelor Mittal, the world's biggest steelmaker with sizeable European and USA operations, said it was assessing the likely impact, while adding governments were right to take a tough approach to unfair trade. The Dow nearly recovered, up 320 points from its Friday bottom.
Other countries can play that game, too; and more might try, now that the United States has set this bad example.
Monday's attacks on Canada and Mexico come two days after Trump singled out Germany, threatening to impose a tax on all European auto imports brought into the United States. "They laugh at what fools our leaders have been".
However, European Commission Vice President Jyrki Katainen said Trump still has a small chance to avoid a damaging global trade war and asked the U.S. leader to reconsider his aims before he signed them into effect next week. "The president has announced that this will happen this week".
Canadian Prime Minister Justin Trudeau on Friday called US President Donald Trump's plan for tariffs on steel and aluminum imports "absolutely unacceptable" and warned of serious disruption.
"Gary was here yesterday afternoon, I talked to him in my office several times, so I don't have any reason to think otherwise", White House spokeswoman Sarah Sanders told reporters. "But at this point in time there would be no country exclusions".
In response to Putin's announcement, White said the US has been watching Russian Federation and the Pentagon is not surprised. The domestic grain harvest above 134 mln tonnes "is the figure beyond thought even for the Soviet Union", the president said.
A big factor in the Celtics' offensive surge has been their ability to shoot the ball well from the floor and from 3-point range. Harden, the NBA's leading scorer, comes into Saturday's game averaging 31 points per game and almost nine assists per game.
The Sheriff's Office said their investigation is transitioning from a missing person's report to a homicide investigation. The body of a mother who mysteriously disappeared from her front yard leaving her two children home alone has been found.
Examination at Cleveland Clinic Courts in Independence on March 4 confirmed the diagnosis of a sprain, the Cavaliers reported. The Cavaliers host the Pistons tonight, who are surging and just outside of the playoff picture.
Protectionism is a tool that has been employed by Mr Donald Trump's predecessors, including Republican President George W. Along with the 10 percent tariff on imports of aluminum , there would be a 25 percent tariff on imports of steel.
Spurs responded and won a corner in the third minute, but it came to nothing and the game showed no signs of settling down. The South Korean said Tottenham thrived from playing at their temporary home after taking some time to settle in.
Anderson last season was solid on a bad Broncos offense carrying the ball 245 times for 1,007 yards and three touchdowns. So, instead of signing the quarterback, or putting the tag on him, the Redskins chose to just go all out on another guy.
Sometime after midnight police took 19-year-old James Eric Davis into custody said an officer with Mount Pleasant Public Safety. The police took him to McLaren Central Michigan hospital in Mount Pleasant, Michigan and handed him over to the medical staff.
Shubhankar Sharma closed with three straight birdies for a 5-under 66 and a two-shot lead at the midway point of the Mexico Championship.
SPD Votes: No New Elections for Germany
The Party has again united together, and he has informed Chancellor Merkel by phone about the result, according to him. The idea was to keep one of the most influential leaders, Merkel as the Chancellor in Berlin.
Ryan Seacrest faces sexual abuse claims
I didn't know what was happening. "You are a privilege to work with and I adore you", Kelly said of Ryan on March 1. She had to make a decision and rally around him ".
Central Michigan University Shooting Suspect Caught
But campus police said the parents arrived Friday morning after officers called them to say their son was behaving strangely. Students spent hours locked down in classrooms and dormitories while armed police searched Central Michigan University .