United States Of America President Trump has said trading wars are good amid controversy over his decision to impose tariffs on steel and aluminium imports.
He said that the US(United States Of America) was losing billions of dollars on trade and would find a trade war east to win. On Thursday he said steel imports would face a 25% tariff and aluminium 10%.
Canada and the EU said they would bring forward their own countermeasures. Mexico, China and Brazil and etc, have also said they are considering retaliatory steps.
Ci tics argue that the tariffs would fail to protect American jobs and would ultimately put up prices for consumers.