US President Donald Trump has triggered a tit-for-tat international trade fight with key allies by imposing metal tariffs on Canada, Europe and Mexico, a protectionist move that ensnares $US2 billion ($2.6 billion) of aluminium sales by Rio Tinto.
Political leaders from US trade partners immediately unveiled tariff retaliation plans.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
