UK steps into G7 trade dispute, warns of tit-for-tat dangers


  • World
  • Saturday, 09 Jun 2018

Britain's Prime Minister Theresa May, Germany's Chancellor Angela Merkel and U.S. President Donald Trump pose during a family photo at the G7 Summit in the Charlevoix city of La Malbaie, Quebec, Canada, June 8, 2018. REUTERS/Yves Herman

LA MALBAIE, Canada (Reuters) - Prime Minister Theresa May on Friday warned both U.S. President Donald Trump and the European Union of the dangers of entering a tit-for-tat trade war over tariffs, urging both sides to instead focus on China's excess steel production.

The Trump administration last week imposed tariffs on steel and aluminium imports from Canada, the EU and Mexico, prompting retaliation and casting a shadow over a G7 summit in Canada that appeared likely to end without consensus.

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