Monday, March 5, 2018

UK PM tells Trump of 'deep concern' over trade tariffs

British Prime Minister Theresa May on Sunday told U.S. President Donald Trump that she has "deep concern" at his decision to raise tariffs on steel and aluminum.


A Downing Street spokesperson said May had a telephone call with Trump earlier Sunday, in which May also said that multilateral action was the only way to resolve the problem.

"The prime minister raised our deep concern at the president's forthcoming announcement on steel and aluminum tariffs, noting that multilateral action was the only way to resolve the problem of global overcapacity in all parties' interests," the spokesperson said in a statement.

Trump has said he plans to slap a 25-percent tariff on steel imports and 10 percent on aluminum next week. He has also threatened to increase taxes on European cars if the EU retaliates against his steel and aluminum tariffs.
 (chinamedia)
 5/3/18
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