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Corporate America has enough workarounds to dodge Trump's tariffs

Under the new rules, an importer can ask the Commerce Department for a waiver if there's a limited supply of the product in the US

US President Donald Trump (centre), National Security Advisor HR McMaster (left) and State Secretary Rex Tillerson at the 31st ASEAN Summit in the Philippines on Tuesday. Photo: Reuters
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US President Donald Trump (centre), National Security Advisor HR McMaster (left) and State Secretary Rex Tillerson at the 31st ASEAN Summit in the Philippines on Tuesday. Photo: Reuters

Jennifer Kaplan and Naureen S Malik | Bloomberg
Across corporate America, the race is on to dodge the tariff.

Just as President Donald Trump left the door open for countries to apply for exemptions to the 25 per cent levy on steel and 10 per cent on aluminium, his official proclamations Thursday also offer some workarounds for companies.

Under the new rules, an importer can ask the Commerce Department for a waiver if there’s a limited supply of the product in the US or if national security is at stake. How that’ll be interpreted is anyone’s guess, but aluminium can makers, pipeline builders and car companies are now