US President Donald Trump has spoken to world leaders about his planned tariff hikes on steel and aluminum and is not considering any exemptions to the measure, Commerce Secretary Wilbur Ross said on Sunday. "I know he's had conversations with a number of the world leaders," Ross said in an interview with ABC's "This Week." On Saturday, Trump threatened European automakers with a tax on imports if the European Union retaliates. Ross said the Europeans were discussing a "pretty trivial amount of retaliatory tariffs, adding up to some $3 billion of goods. "In our size economy that's a tiny, tiny fraction of 1 percent," Ross said.

Source: dna March 04, 2018 14:15 UTC