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International Business Times
International Business Times
Business

Steel At Heart Of New Trump Trade War

Steel is the industry which emits the largest quantities of planet-warming greenhouse gases (Credit: AFP)

US President Donald Trump's new tariffs on steel promise to further complicate a strategic industry already destabilised by Chinese overproduction and Europe's stuttering blast furnaces.

Recently returned to the White House, the mercurial Republican's long-promised trade war will on Monday forge a new front with an expected 25-percent levy on aluminium and steel imported into the United States.

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