US delays metals tariffs on EU, Canada, Mexico for 30 days: W. House

Steel coils produced at the NLMK Indiana steel mill are prepared for shipping on March 15, 2018 in Portage, Indiana. The coils, which are custom made to customer specifications, weigh an average of nearly 25 tons. The mill, which is projected to produce up to 1 million tons of steel from recycled scrap in 2018, is considered a “mini mill” by U.S standards. NLMK Indiana is a subsidiary of NLMK, one of Russia’s largest steel manufacturers, responsible for nearly a quarter of Russias steel production. Steel producers in the U.S. and worldwide are preparing for the impact of the recently-proposed tariffs by the Trump administration of 25 percent on imported steel. Scott Olson/Getty Images/AFP

WASHINGTON, United States (AFP) — US President Donald Trump opted Monday to hold fire on imposing steel and aluminum tariffs on the European Union, Canada, and Mexico for 30 days, the White House announced — offering key allies a reprieve during ongoing negotiations.

Washington has also reached a deal with South Korea on steel imports, and “agreements in principle” with Argentina, Australia, and Brazil, “the details of which will be finalized shortly,” the White House said.

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