Trump Curbs on Steel Could Spark a Trade War, Japan's Industry Warns

  • Japan mills warn U.S. action may spur ‘chain of protectionism’
  • Other countries may retaliate, target items apart from metal

Ex-Trade Rep. Says U.S. Should Go Through WTO on Steel

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There’s a risk of a global trade war should President Donald Trump decide to restrict imports of steel, according to Japan’s leading mills group, which warns any new U.S. curbs on the metal may provoke a tit-for-tat response that could drag in other products.