Trump speaks to Macron; discusses steel tariff, N Korea

Image
Press Trust of India Washington
Last Updated : Mar 10 2018 | 9:50 PM IST
US President Donald Trump spoke to his French counterpart Emmanuel Macron and discussed his decision to impose import tariffs on foreign steel and aluminium.
In a telephone call with Macron, who is on a four-day visit to India, Trump underscored that his decision is necessary and appropriate to protect national security, the White House said.
"Both Presidents discussed alternative ways to address United States concerns, an official readout of the call said.
Citing national security concerns and the need to protect American industries from "unfair" business practices, Trump yesterday signed two proclamations that levied a 25 per cent tariff on steel and a 10 per cent tariff on aluminium imported from all countries except neighbouring Canada and Mexico. The contentious tariffs will go into effect in 15 days.
Major nations reacted sharply to Trump's decision to impose tariffs on steel and aluminium imports, warning of damage to close relations amid industry calls for retaliation.
Trump also discussed his decision to meet North Korea's top leader Kim Jong-Un.
"The two leaders also conferred about President Trump's intention to meet with North Korean leader Kim Jong Un to ensure the complete and permanent denuclearisation of the Korean Peninsula, the White House said.
Trump and Macron sharply condemned Syria's Assad regime, and its Russian and Iranian sponsors, for the "atrocities" it has committed, including the bombing in East Ghouta, the White House said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 10 2018 | 9:50 PM IST

Next Story