Donald Trump launched a trade war yesterday, as the US President activated his 25 percent steel and aluminum tariffs.
The new tariffs, seen as a bid to reorder trade in his favor, are the latest in a series of border-hopping punitive financial measures designed by Trump to redress so-called “bad deals”. He believes the US is ultimately losing out on the world’s stage, and is now aiming to renegotiate and renege – but has come under fire from allies he has targeted.
