Donald Trump’s plan to impose tariffs on steel and aluminium imports have caused international criticism, and sent markets slidingPresident Trump tweets….Electrolux freezes US investmentMarket latest: FTSE 100 at three-week low, Dow futures in the red UK steel industry fears job lossesGermany, Australia, Russia and China all worriedEU pledges a firm responseIntroduction: Trump tariffs hit markets 1.59pm GMT Speaking of possible European retaliation, French finance minister Bruno Le Maire said there would be a co-ordinated European response if the move went ahead.He told reporters all options were on the table and there would be a “strong, unilateral and co-ordinated” response from the EU. He added:These unilateral measures are not acceptable. They would have a major impact on the European economy and French companies like Vallourec and Arecelor. 1.54pm GMT Long gone are the days when Donald Trump hailed the spectacular performance of the stock market:The Latest: White House spokeswoman Sarah Huckabee Sanders says President Trump is not concerned about the stock market decline following his announcement of new aluminum and steel tariffs. https://t.co/FWqhQSdgel Continue reading…
Via: Markets fall as Trump says trade wars are 'good and easy to win' – business live
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PIERS MORGAN: A phone call I received from a fired-up Trump should be a warning to Democrats
President Trump called me for a chat on Saturday. It was our first conversation since he unfollowed me on Twitter in April after I wrote a Mail column telling him to ‘Shut the f*ck up Read more…