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Trump says trade wars are 'easy to win' as tariff anger spreads

Trump hasn't given the details of his proposed action, including whether any products or countries would be exempted

Donald Trump speaks to businessman Steve Witkoff, who lost his son Andrew to a prescription drug overdose, at the White House on Thursday. Photo: AP/PTI
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Donald Trump speaks to businessman Steve Witkoff, who lost his son Andrew to a prescription drug overdose, at the White House on Thursday. Photo: AP/PTI

Bloomberg Washington
President Donald Trump pushed back against a wave of criticism against steel tariffs, telling the world that not only are trade wars good, they are easy to win.

Trump is facing anger from manufacturers and trade partners in China and Europe after announcing tariffs of 25 per cent on imported steel and 10 percent on aluminum for “a long period of time.” The formal order is expected to be signed next week.

“When a country (USA) is losing many billions of dollars on trade with virtually every country it does business with, trade wars are good, and easy to win,” Trump said