Trump plan on tariffs could lead to global trade war: WTO

The World Trade Organisation (WTO) has warned that US president Donald Trump is risking an economically damaging trade war if he goes ahead with plans to impose steep tariffs on steel and aluminium imports.

Mr Trump, who has long railed against what he deems unfair trade practices by China and others, said he planned to levy penalties of 25% on imported steel and 10% on aluminium imports from next week.