Why China is to blame for Trump’s metals tariffs
Existing American taxes already restrict steel and aluminium shipments from the Asian nation, which is now flooding other markets with its exports instead.
Hong Kong | President Donald Trump’s promise to impose 25 per cent tariffs on all imports of steel and aluminium would primarily target US allies, but at their heart, they strike at his longtime nemesis China.
The top five suppliers of steel to the American market in January were Canada, followed by Brazil, Mexico, South Korea and Germany. Canada has also led in aluminium exports to the United States, while the United Arab Emirates, Russia and China are far behind.
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