US Impose Hard-Line Tariffs On Steel And Aluminium Imports

The US said on Thursday it will impose tariffs on steel and aluminium imports from the EU, Canada, and Mexico, reviving fears of a trade war.

German Foreign Minister, Heiko Maas, said trade wars don't have any winners.

The US action takes effect at midnight, and Mexico, the EU and Canada are all expected to retaliate with tariffs of their own in the coming days.