(Metal tariffs) Trump exempts Canada and MexicoBusiness | 9 Mar 2018 10:58 am
US President Donald Trump has ordered steep new tariffs on steel and aluminum imports to the U.S.
The president says he will exempt Canada and Mexico as "a special case” while negotiating for changes to the North American Free Trade Agreement.
The new tariffs will take effect in 15 days, with America’s neighbors indefinitely spared "to see if we can make the deal,” Trump says.
He suggested in an earlier meeting with his Cabinet that Australia and "other countries” might be spared, a shift that could soften the international blow amid threats of retaliation by trading partners.
Trump says his action is necessary to protect industries "ravaged by aggressive foreign trade practices. It’s really an assault on our country.”-AP