Economy How the US has trumped trade rules Updated : April 13, 2018 12:03 PM IST US President Donald Trump’s announcement of a 25 percent tariff on imported steel and 10 percent tariff on imported aluminium is a blatant violation of global trade rules. China’s retaliation with import duties of up to 25 per cent on 128 food products from the US is also a violation of WTO rules. Strategic thinking, in partnership with other countries on preserving the multilateral rules-based system, is what is sorely needed. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.