Steel

President Trump has fired the opening salvoes in a trade war, but the European Union hasn’t quite returned fire yet. While retaliatory tariffs have been proposed, but not so far imposed, the EU Trade Commissioner had firm words, calling the US levies on European steel and aluminium “protectionist” and “illegal”. She wasn’t alone… France’s President Macron…

Susan Danger is from the American Chamber of Commerce to the EU in Brussels, and Robert Scott is from the Economic Policy Institute in Washington.

They’ve been under threat for the last nine months. But today a potential deal has been unveiled to save most of Britain’s Tata steelworks.