Monday’s protectionist flurry came US President Donald Trump was expected in London for a Nato summit. Photo: EPA

‘Effective immediately’: US opens new fronts in trade war, targeting Brazil, Argentina and France

  • US President Donald Trump announced plans to reimpose tariffs on steel and aluminium from Brazil and Argentina, hitting back at what he called their ‘unfair’ policies
  • The Trump administration is also proposing tariffs on up to US$2.4 billion worth of French imports in retaliation for France’s tax on American tech giants
Topic |   US-ally trade wars

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Monday’s protectionist flurry came US President Donald Trump was expected in London for a Nato summit. Photo: EPA
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A farmer uses a shovel to move corn inside a trailer during a harvest in Buda, Illinois. Photo: Bloomberg

Donald Trump bypasses Congress to give US$20 billion to farmers hurting from US-China trade war

  • Turning to obscure 1940s law, president seeks to shore up support in rural states ahead of 2020 election
  • Move resembles strategy Trump used to shift millions of dollars meant for US military to pay for sections of his border wall
Topic |   US-China trade war

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A farmer uses a shovel to move corn inside a trailer during a harvest in Buda, Illinois. Photo: Bloomberg
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