Trade wars are good, says Trump


US President Donald Trump has said "trade wars are good", amid controversy over his decision to impose tariffs on steel and aluminum imports.

He tweeted that the US was "losing billions of dollars on trade" and would find a trade war "easy to win".

On Thursday he said steel imports would face a 25% tariff and aluminum 10%.

Canada and the EU said they would bring forward their own countermeasures. Mexico, China and Brazil have also said they are considering retaliatory steps.

Critics argue that the tariffs would fail to protect American jobs and would ultimately put up prices for consumers.

The news sent shares in both Asia and Europe down on Friday.



Popular Posts

Attention Deficit Hyperactive Disorder: Understanding The Basics

The Importance Of Protein And Fiber In Your Diet

Dental Hygiene Tips: Keeping Your Smile Healthy And Bright

Everything You Need To Know About Baby Immunisation

The Benefits of Working Out With A Partner

Foods That Are Good For Your Heart

Tensions Between Russia And Ukraine: The United Kingdom Warns Of A Plot To Install Pro-Russian Propaganda In Ukraine. -Alliance With Moscow

The Benefits Of Green Tea

Vaccine Passports And Classroom Mask Regulations Are Being Phased Out

Asthma And Pregnancy: Tips For A Healthy Journey