HONG KONG -- U.S. President Donald Trump's new blanket tariffs on steel and aluminum are aimed at the rest of the world, not only America's superpower rival, China. But while the impact on Chinese metal industries may appear limited at first glance, the latest White House move risks exacerbating pressures within the world's No. 2 economy and sparking a global chain reaction of protectionism, analysts say.
Trade war
China girds for 'indirect impact' from Trump's steel tariffs
U.S. move could close more doors just when Chinese steelmakers need exports most
A poster showing Chinese President Xi Jinping is seen outside a steel plant in Anyang, in China's Henan province, in 2019. © Reuters
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