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All will lose: UN chief warns amidst growing global trade war

Deccan Herald

Summary

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President Donald Trump reversed course on Tuesday (March 11) afternoon on a pledge to double tariffs on steel and aluminum from Canada to 50%, just hours after announcing the higher tariffs, in rapid-fire moves that scrambled financial markets.
Hindustan Times
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The company had hoped to rush through two weekly shipments in order to avoid the Wednesday deadline for Trump’s 25% tariffs on steel and aluminium.
Guardian
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China is the only country facing higher tariffs — an existing 20% blanket levy on Chinese goods brings the total rate imposed on steel and aluminium to 45%.
CNA
88:88
The European Union is to hit back against “unjustified” tariffs the United States has introduced on all steel and aluminium imports, ratcheting up a dispute many fear will escalate into a full blown trade war.
Irish Times

■ Story #2 ▪

issue 88:88 ▪

57 items ▪

15 sources ▪

updated 88:88

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