Steely stand-off

A trade row between the United States and its major trading partners has worsened, with a fresh round of tariffs and counter-tariffs under way that is set to affect people and businesses. Ng Jun Jie explains what's involved.

United States President Donald Trump believes his country has been at the losing end when it comes to trade with many other countries.

He sees American jobs and wealth going to countries "that have taken advantage of us for years", and wants to fix this by putting "America First" - especially against major competitors like China.

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A version of this article appeared in the print edition of The Straits Times on June 23, 2018, with the headline 'Steely stand-off '. Print Edition | Subscribe