Author: Udenna Orji

ON February 10, President Donald Trump imposed a 25 per cent tariff on steel and aluminium imports into the United States. Trump said, “It’s 25 per cent without exceptions or exemptions. That’s all countries, no matter where they come from, all countries.” Things will get messier for global trade. The European Union vowed to retaliate if Trump imposed tariffs on EU exports to the US. Earlier, Trump imposed a 10 per cent tariff on some Chinese products. China retaliated by imposing tariffs on a range of US products from February 10. The US is the biggest economy in the world,…