You are here: Home » Reuters » News
Business Standard

Trump sets steel and aluminium tariffs but exempts Canada, Mexico

Reuters  |  WASHINGTON 

By David Lawder and Jeff MasonWASHINGTON (Reuters) - U.S. President Donald Trump pressed ahead on Thursday with import tariffs of 25 percent on steel and 10 percent for aluminium but exempted Canada and Mexico and offered the possibility of excluding other allies, backtracking from an earlier "no-exceptions" stance.Describing the dumping of steel and aluminium in the U.S. market as "an assault on our country," Trump said in a White House announcement that the best outcome would for companies to move their mills and smelters to the United States. He insisted that domestic metals production was ...

This article is no longer available in our repository.

There could be multiple reasons for this.

First Published: Fri, March 09 2018. 08:43 IST
RECOMMENDED FOR YOU