(Metal tariffs) Europe, Australia exempted says Robert Lighthizer

Business | 23 Mar 2018 11:24 am

U.S. Trade Representative Robert Lighthizer spelled out which countries will get an early reprieve from the imposition of tariffs on imported steel and aluminum.

Lighthizer testified before the Senate Finance Committee on Thursday. Democratic Senator Ron Wyden of Oregon asked him which countries will be exempted from the looming tariffs, "as of tomorrow.” Lighthizer said President Donald Trump has decided to "pause” the tariffs for countries that are engaged in trade negotiations with the United States.

Lighthizer says Canada and Mexico are on that list. He also specifically named Europe, Australia, Argentina and Brazil.

The US is planning to impose tariffs of 25 percent on imported steel and 10 percent on aluminum — sanctions that are meant to hit China for flooding the world with cheap steel and aluminum.

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