The President of the United
States of America, Donald Trump has renewed a threat of retaliatory action
against two major Asian trading partners, China and South Korea.
Trump made the threat as he
hosted lawmakers for a meeting on trade, where he declared he was mulling
sanctions against China and was “considering all options” including tariffs.
He said America’s steel and
aluminum industries were being “decimated ” by dumping.
Trump was presented last month
with two Commerce Department reports concerning alleged Chinese subsidies for
steel and aluminum exports, whose findings had not been made public.
The administration has another
two months to decide on possible retaliatory action.
Also taking aim at Seoul, Trump
complained that America’s 2012 free trade deal with South Korea “was a
disaster.”
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