May 3, 2018

Looming International Steel Tariffs Delayed One Month

President Trump is pushing the deadline for his promised steel tariff sanctions on the European Union, Canada, and Mexico to  to June 1. Trump did reach preliminary agreements with with Australia, Argentina and Brazil ahead of the Monday night deadline. U.S. trading partners are negotiating to avoid the proposed 25% tariff on steel and 10% on aluminum by establishing quotas that will restrain imports. South Korea will be exempt from the tariffs, according to the White House. Read More.

You might also like