Trump declares won’t back down on tariffs, does not expect trade war

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WASHINGTON: President Donald Trump on Monday said he would not back down from his planned new tariffs on steel and aluminium imports, creating a possible standoff with top lawmakers from his own Republican party who have criticised the planned levies for threatening the US economy and possibly sparking a trade war.

“We’re not backing down,” Trump said during an Oval Office meeting with Israeli Prime Minister Benjamin Netanyahu. “I don’t think you’re going to have a trade war.”