ADVERTISEMENT

Trump sets steel and aluminum tariffs; Mexico, Canada exempted


  • Economy
  • Friday, 9 Mar 2018

WASHINGTON/SANTIAGO: President Donald Trump pressed ahead with the imposition of 25 percent tariffs on steel imports and 10 percent for aluminum on Thursday but exempted Canada and Mexico, backtracking from earlier pledges of tariffs on all countries.

Describing the dumping of steel and aluminum in the United States as "an assault on our country," Trump told a news conference that the best outcome would for companies to move here and insisted that domestic production was needed for national security reasons.

Economy

   

ADVERTISEMENT