Trump’s Global Trade War Is Back On. For Now.

After putting its threats on hold for the past two months, the Trump administration is finally preparing to slap tariffs on steel and aluminum from the European Union, Mexico, and Canada this week, according to multiple reports. A source tells CNBC that the decision is “99.9 percent done,” and should be announced Thursday morning.

The president first said that he would impose tariffs on imported metals back in March, but quickly softened his stance by granting many of America’s major...

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