Trump readies reciprocal tariffs as global trade war fears mount

INDUSTRIES RELIANT ON STEEL AND ALUMINUM IMPORTS SCRAMBLE

- Andrea Shalal & David Lawder

Donald Trump's trade advisers were finalising plans on Wednesday for the reciprocal tariffs the US president has vowed to impose on every country that charges duties on US imports, ratcheting up fears of a widening global trade war.

Separately, trade ministers of the 27-country European Union were due to meet later by videoconference to determine their response after European Commission president Ursula von der Leyen said tariff moves against the bloc "will not go unanswered".