Tuesday, May 1, 2018

Administration Delays Steel, Aluminum Tariffs for Canada, EU and Mexico


By Associated Press

WASHINGTON — The White House is postponing a decision on imposing tariffs on U.S. imports of steel and aluminum from the European Union, Canada and Mexico for 30 days, avoiding the potential for a trade battle with Europe as the U.S. prepares for tense trade talks in China this week.

The Trump administration said Monday it had reached an agreement with South Korea on steel imports following discussions on a revised trade agreement, the outlines of which were previously announced by U.S. and South Korean officials. And the administration said it had also reached agreements in principle with Argentina, Australia and Brazil on steel and aluminum that will be finalized shortly.

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Source: NBC News 

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