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Analysis: Is China too tough a steel beast for Trump to tame?

Reuters  |  MANILA/BEIJING 

By Manolo Serapio Jr and Muyu XuMANILA/BEIJING (Reuters) - U.S. President Donald Trump's first shot across China's bow over its steel exports, escalating a years-long brawl over trade between the world's top two economies, may not pull up Beijing. China exported 620,000 tonnes of steel direct to the United States last year, a fraction of the 800 million tonnes it produces each year, equal to about half of world output. Repeated allegations that the world's top steelmaker is dumping excess output on world markets may hit harder closer to home - in Japan and South Korea where steel sectors have ...

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First Published: Fri, April 21 2017. 17:59 IST
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