Trump delays decision on steel and aluminium tariffs


Trump delays decision on steel and aluminium tariffs

The Trump Administration has extended negotiations on steel and aluminium tariffs for 30 days with Canada, the EU and Mexico, a BBC News report said on Tuesday. It has also reached an agreement in principle with Argentina, Brazil and Australia.

In March, US President Donald Trump imposed worldwide tariffs of 25 per cent on US imports of steel and 10 per cent on aluminium. Some countries were then exempted temporarily from those tariffs, including Canada, the EU and Mexico.

China was not included in the exemptions and it later retaliated with its own duties on some US imports. Read More

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