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Donald Trump is following through on his threat—or promise, as his voters see it—to impose steep tariffs on foreign goods in the name of supporting American industry, starting with levies of 25 per cent on steel and 10 per cent on aluminium imports. Allies and neighbors that had been granted temporary exemptions are now set to feel the brunt of the tariffs: Canada is America’s leading source of foreign steel, and Mexico and the European Union will also feel the pain. They’re all threatening to retaliate, and the press is calling this a trade war. If this is a war, it’s one the United States will win. The thing to

China ’s imposition today of tariffs on 128 imports from the US was inevitable – and is no doubt exactly the reaction that Donald Trump wants, giving him the excuse to announce yet more tariffs in addition to those on steel and aluminium imports which he has already imposed.  After all he did say, even before China announced any form of retaliation:  “trade wars are good.  It should easy for the US to win one”.  A trade war is what he wanted, and what he has got. But does he have any more of a strategy for his trade war than George W Bush had a plan for winning the peace

Has Donald Trump sparked off a trade war? His plans for a 25 percent tariff on steel imports and 10 percent tariff on aluminum have shocked friend and foe alike. China is outraged; so are Canada, Japan, and South Korea—allies that in fact export more steel to the U.S. than China does. They stand to be hurt worst if they aren’t granted exemptions or cut special deals by the president. Trump accuses the Chinese of ‘dumping’ steel into the American market, while the legal grounds for his new tariffs rest in the idea that strategically critical manufacturing is endangered by a diminished U.S. metals industry. But if the tariffs inflict