• Trump’s Looming Trade War Has Asian Allies Seeking Peace

    As Europe threatens retaliation, others pin hopes on the U.S. bending its planned steel, aluminum tariff rules

    Some U.S. trading partners are taking heart from suggestions President Donald Trump might leave wiggle room in his steel and aluminum tariffs, leading to a lobbying blitz for exemptions.

    In contrast with Europe, U.S. allies in the Asia-Pacific region so far are avoiding outright threats of retaliation against American goods. They believe that could be counterproductive when Mr. Trump has yet to make his plans final and faces rifts within his own administration and Republican Party about the tariff plans.

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