European Union bid to counter United States move

IMF International Monetary Fund

Concerned about their jobs and the future, many will welcome Mr Trump's comments.

"Trump's decision does no good to everyone except a few American steel enterprises", Li Xinchuang, the vice chairman of the China Iron and Steel Association, said, while calling Trump's move "stupid".

Meanwhile, the International Monetary Fund has warned that President Donald Trump's decision to impose hefty tariffs on imported steel and aluminium is likely to cause damage to the U.S. and its trading partners, urging all countries to "constructively" resolve trade disagreements.

In a tweet, Donald Trump said: "When a country (the US) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win".

Most foreign auto manufacturers selling vehicles in America have some form of production operations in the US.

Trump has already repeatedly accused the EU of impeding United States imports and threatened customs taxes on European manufacturers, particularly Germany and its high-end brands.

The tweet came after news media reported that Brussels was considering putting a 25 percent tariff on USA imports, and European Commission head Jean-Claude Juncker said they would target "Harley-Davidson, bourbon and blue jeans".

Wilson came to Mexico with a different task - to lobby NAFTA trade negotiators on behalf of the US auto industry, but once Trump announced on Thursday that he would impose tariffs of 25 percent on steel imports and 10 percent on aluminum products, her phone began ringing with calls from members at home.

"China does not want to fight a trade war with the United States, but we absolutely will not sit by and watch as China's interests are damaged", Zhang, who is a spokesman for parliament and was formerly an ambassador to the United States, said.

McMillan said there also may be scope for metal-consuming industries in the U.S.to work around the tariffs. "As they don't need as much steel as they can make, they export it".

Meanwhile, officials in Canada and Australia said Trump's tariffs are going to set off retaliation measures that will be harmful to all. "They've been brutal to us", Trump said at a Florida fundraiser.

"They've been brutal to us", Mr Trump said at a Florida fundraiser. Navarro's stature within the White House has grown in recent weeks as Trump has turned towards advisers with protectionist views as he became frustrated that his trade agenda was floundering.

The Brussels-based expert said "there isn't, for the moment, any real cooperation" between the United States and the European Union on trade policy, and with Trump's new move, the relations are certain to become confrontational.

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