Trump says: "no trade war despite Asia outcry over tariffs"

US President Donald Trump has brushed off concerns that new tariffs the US has imposed on imported washing machines and solar panels will lead to a trade war.
The announcement of the tariffs - of up to 50% - have prompted outcry from China and South Korea, the primary targets of the measure.
Some US businesses that rely on the imported products are also concerned.
Mr Trump dismissed the talk and said the tariffs would add jobs in the US.
At a signing ceremony on Tuesday, he said they "demonstrate to the world that the United States will not be taken advantage of any more."
"There won't be a trade war," he later added.
The action is part of US President Donald Trump's "America First" trade policy, which aims to protect local manufacturers from foreign competition.
South Korea said it would complain to the World Trade Organization (WTO).
China, the world's biggest solar panel producer, said the move was an "overreaction" and pledged to "work with other WTO members to resolutely defend its legitimate interests".

India's Prime Minister Narendra Modi spoke against tariffs at the World Economic Forum in Davos in an apparent reference to the US measures, although India's own finance ministry is planning a 70% tariff on Chinese solar panels.
"Forces of protectionism are raising their heads against globalisation. Their intention is not only to avoid globalisation themselves but they also want to reverse its natural flow," Mr Modi said.
@curie