Trump Tariffs Are a Black Day for the World, Says BHP CEO

  • Planned aluminum, steel tariffs regrettable: biggest miner
  • U.S., China need to work more closely despite the tensions
Odyssey Asset Management Group Economist Enzio Von Pfeil weighs in on President Trump’s steel and aluminum tariffs.(Source: Bloomberg)
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President Donald Trump’s plans to slap tariffs on steel and aluminum imports is a black day for the world and business, according to the biggest mining company.

BHP Billiton Ltd. and competitors could be hit should other economies follow the move by the U.S. toward a more protectionist and anti free-trade agenda, Chief Executive Officer Andrew Mackenzie said Tuesday at a business summit in Sydney. The U.S. tariffs are “a black day for the world and business,” he said.