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BRUSSELS: The European Union intends to target 2.8 billion euros ($3.5 billion) of U.S. goods ranging from T-shirts and whiskey to motorcycles and ladders should President Donald Trump go ahead with his plan to impose a 25 percent tariff on foreign steel.
WASHINGTON (Reuters) - Automakers, business groups and farmers took their fight against U.S. President Donald Trump's proposed tariffs on steel and aluminium to Capitol Hill on Monday, betting that Republican lawmakers would stand up to the White House on their behalf.
WASHINGTON (Reuters) - The head of the largest group of conservatives in the U.S. Congress on Monday urged the Trump administration to reject its proposed tariffs on steel and aluminium imports, saying they would weaken the U.S. economy.
GENEVA (Reuters) - The head of the World Trade Organization told member states on Monday they must prevent "the fall of the first dominoes" in a trade war and warned of a real risk of triggering an escalation of global trade barriers and a deep recession.
WASHINGTON (Reuters) - U.S. House Speaker Paul Ryan on Monday urged the Trump administration not to move forward on new tariffs on steel and aluminum announced last week, citing the risks to the economy.