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Trump delays steel, aluminum tariffs for US allies for 30 days

2018-05-01 09:14:39       source:CNN

May 1, 2018


WASHINGTON -- President Donald Trump on Monday approved another month of relief from steel and aluminum tariffs for key allies, including the European Union, Canada and Mexico.


Facing a midnight deadline to prolong the exemptions or allow imports of steel and aluminum from those countries to be taxed at 25% and 10%, respectively, Trump pushed the deadline another month -- giving the US and its allies more time to negotiate a final agreement.


The White House said in a statement that it is finalizing an agreement with Argentina, Australia and Brazil concerning the tariffs and is "extending negotiations" with Canada, Mexico and the European Union. Administration officials have previously suggested the tariffs could be replaced with quotas for countries that work out an agreement with the US.


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https://edition.cnn.com/2018/04/30/politics/tariff-deadline-delay/index.html