US President Donald Trump is threatening to impose import tariffs on steel and aluminum. He’s also asked Beijing for a plan to reduce the US trade deficit with China by $1 billion dollars. Meanwhile, Europe is preparing its own set of tariffs in retaliation.

How will global markets react to such posturing? Khoon weighs in.

<p>US President Donald Trump is threatening to impose import tariffs on steel and aluminum. He&rsquo;s also asked Beijing for a plan to reduce the US trade deficit with China by $1 billion dollars. Meanwhile, Europe is preparing its own set of tariffs in retaliation.</p>  <p>How will global markets react to such posturing? Khoon weighs in.</p>

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