Monday, 5 March 2018

White House: No exemptions from steel, aluminum tariffs.

WASHINGTON (AP) — President Donald Trump's administration appears unbowed by broad domestic and international criticism of his planned import tariffs on steel and aluminum, saying Sunday that the president is not planning on exempting any countries from the stiff duties.

Speaking on CNN's "State of the Union," White House trade adviser Peter Navarro said: "At this point in time there's no country exclusions."

Trump's announcement Thursday that he would impose tariffs of 25 percent and 10 percent, respectively, on imported steel and aluminum, roiled markets, rankled allies and raised prospects for a trade war. While his rhetoric has been focused on China, the duties will also cover significant imports from Canada, Mexico, South Korea, Japan and the European Union.





Full story at Yahoo News.

By Kevin Freking and Zeke Miller.

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