Read more at https://www.channelnewsasia.com/news/business/trump-ignites-trade-war-with-china-triggering-swift-retaliation-10437632
(Updated: )
Ricky Lim ·
Trump outraged Canadian, Mexican and European leaders last month by imposing the steel and aluminium tariffs to protect American producers from allegedly unfair competition.
Brussels, Ottawa, Beijing and Mexico City already have shown they intend to inflict damage on export industries in politically-sensitive voting districts - something which could prove damaging to Republicans already facing a loss of power in November's mid-term elections.
On Capitol Hill, influential Texas Republican lawmaker Kevin Brady, chairman of a House tax legislation committee, said he was "alarmed" by the tariffs which he said exposed US industries to "devastating retaliation."
"I am concerned that these new tariffs will hurt American manufacturers, farmers, workers and consumers," he said.
And the powerful US Chamber of Commerce warned that hundreds of thousands of Americans could lose their jobs if the trade war escalated and included the auto import tariffs that Trump has threatened.
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If Canadians, Mexicans, EU, China, Japan, India etc that are hit by Trump-led US trade tariffs --- start to boycott US goods and services - do anyone think Trump will lose big in this trade war?
Brussels, Ottawa, Beijing and Mexico City already have shown they intend to inflict damage on export industries in politically-sensitive voting districts - something which could prove damaging to Republicans already facing a loss of power in November's mid-term elections.
On Capitol Hill, influential Texas Republican lawmaker Kevin Brady, chairman of a House tax legislation committee, said he was "alarmed" by the tariffs which he said exposed US industries to "devastating retaliation."
"I am concerned that these new tariffs will hurt American manufacturers, farmers, workers and consumers," he said.
And the powerful US Chamber of Commerce warned that hundreds of thousands of Americans could lose their jobs if the trade war escalated and included the auto import tariffs that Trump has threatened.
---
If Canadians, Mexicans, EU, China, Japan, India etc that are hit by Trump-led US trade tariffs --- start to boycott US goods and services - do anyone think Trump will lose big in this trade war?
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