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White House readies trade tariffs: Report

IANS  |  Washington 

US looked set to introduce new trade tariffs as early as Thursday, according to a report from Newswires made available to

Trump is expected to sign a decree laying out new tariffs on and aluminum, the report said.

"We are definitely going to end up with these tariffs," said on Fox Business, adding "and we're going to roll this out very, very quickly".

However, the measure looked set to spare both and Mexico, for now, reported.

Still, it marks a turn in policy that could recalibrate relations between the US and its allies and trading partners, and ripple through the economy.

The decision follows intense lobbying efforts by lawmakers, aides, industries and trade partners, some hoping the would back down and others pushing to ensure he doesn't back off.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 08 2018. 22:22 IST