Donald Trump is reportedly set to slap Britain with devastating tariffs on steel exports, as an exemption for EU countries is allowed to expire. The White House is set to announce this morning that it was dropping the EU from the exemption on global tariffs of 25% on imported steel and 10% on aluminium. The exemption is due to expire tomorrow. Experts fear the move will deal a fresh blow to struggling UK producers, with the fragile industry still recovering thousands of job losses in 2015-16 which saw plants close. Labour MP Gill Furniss has been urging the government to put pressure on the Trump administration to spare Britain from the extravagant duties. In a reply to her parliamentary question last Friday, Trade Minister Greg Hands said: “The UK continues to raise at the highest levels with the US Administration our concerns about the potentially damaging impact of tariffs on our steel and aluminium industries.” But US business network CNBC are reporting the deal on … [Read more...] about Donald Trump slaps Britain with devastating tariffs on steel exports
Donald trump slap
DONALD Trump has slapped fresh sanctions on 24 Russians in a renewed assault on Vladimir Putin’s henchmen. The US government today announced it was punishing seven Russian oligarchs and 17 Russian government officials for Russia's "malign activity" around the world. The Treasury Department said 12 companies owned by the oligarchs were also being targeted, along with a state-owned arms-dealing company and a subsidiary bank. Anonymous senior Trump administration officials said the sanctions are not in response to any one activity. They say it's about punishing Moscow for its behaviour – including actions in Crimea and eastern Ukraine, support for Syrian President Bashar al-Assad, cyber-hacking and attempts to subvert Western democracy. The penalties come as the administration tries to show President Donald Trump isn't too soft on the Kremlin. More follows... We pay for your stories! Do you have a story for The Sun Online news team? Email us at [email protected] or … [Read more...] about Donald Trump slaps fresh sanctions on 24 Russians in new assault on Vladimir Putin’s henchmen
CHINA is prepared to fight the US "at any cost" as a trade dispute between the two nations escalates. The Ministry of Commerce launched its warning hours after President Donald Trump slapped an additional $100billion (£71.3billion) in tariffs on Chinese goods. In a statement, the ministry said today, if Washington persisted in what Beijing describes as protectionism, China would "dedicate itself to the end and at any cost and will definitely fight back firmly." Trump's latest tariffs come in "light of China's unfair retaliation" against his earlier trade actions in which he proposed $50billion of tariffs on Chinese goods. More to follow... For the latest news on this story keep checking back at Sun Online. Thesun.co.uk is your go to destination for the best celebrity news, football news, real-life stories, jaw-dropping pictures and must-see video. Download our fantastic, new and improved free App for the best ever Sun Online experience. For iPhone … [Read more...] about China is prepared to ‘fight Donald Trump at any cost’ fuelling trade war fears
The US has unfurled a fresh round of sanctions targeting North Korea to put more pressure on the defiant Kim Jong-un regime over its weapons programme. In a move bound to anger the Pyongyang leadership, the Trump administration also placed economic sanctions on Chinese entities. Sixteen North Korean individuals, six vessels and nine entities have been sanctioned by the US Treasury Department as part of Washington's aggressive approach to choke the regime from the flow of revenue. Two of the entities were Chinese firms, Beijing Chengxing Trading Co and Dandong Jinxiang Trade, accused of exporting millions worth of metals and other goods to the isolated North Korea. South Korea has welcomed the latest step. "The US government is targeting illicit actors in China, Russia, and elsewhere who are working on behalf of North Korean financial networks, and calling for their expulsion from the territories where they reside," Treasury Secretary Steven Mnuchin said in a statement. These sanctions … [Read more...] about Donald Trump slaps more sanctions on North Korea, move likely to anger Kim Jong-un
Up until 48 hours ago, the basic battle lines drawn by Republicans and Democrats in Congress around the fate of DACA, an Obama-era program rescinded by the Trump administration that protects hundreds of thousands of young immigrants who were brought to the US by their parents illegally years ago, looked something like this: Democrats as their key goal wanted to get a quick and permanent fix for those covered by DACA (Deferred Action for Childhood Arrivals) and were intent on using an upcoming government funding deadline as leverage to get a deal passed. Any bill, said the Democrats, aimed at keeping much of the government working beyond January 19, when current funding runs out, would also have to solve the issue of those people formerly shielded by DACA. Republicans, however, wanted to decouple those issues, pass their key goal; a clean budget bill, and deal with DACA separately. In addition, they knew they also had … [Read more...] about Is a US government shutdown looming after Donald Trump’s DACA meddling?