WASHINGTON, United States (AFP) — US President Donald Trump on Thursday authorized the suspension of controversial tariffs on steel and aluminum imports from key trade partners including the European Union, the White House said. “The tariffs on steel and aluminum imports from the following countries are suspended until May 1, 2018,” the White House said in a statement, listing EU members states, Argentina, Australia, Brazil, Canada, Mexico and South Korea. © Agence France-Presse
Tag: steel tarrifs
Mexico vows US steel tariff retaliation
by Joshua Howat BERGER Agence France Presse MEXICO CITY, Mexico (AFP) — Mexico threatened Tuesday to retaliate against President Donald Trump’s planned steel and aluminum tariffs by hitting the most “politically sensitive” US exports with tariffs of its own, the latest signal of a brewing trade war. Speaking a day after Trump shot down Mexican and Canadian proposals that the neighboring nations be granted an exemption from the steep US tariffs, Economy Minister Ildefonso Guajardo […]
Toyota: US tariffs will ‘substantially’ increase car prices
TOKYO, Japan (AFP) — Japanese car giant Toyota on Friday warned that US steel and aluminum tariffs would harm automakers and “substantially” increase the price of cars sold in America. The firm was reacting after US President Donald Trump announced tariffs of 25 percent on steel and 10 percent on aluminum, key materials for the auto sector. Toyota noted that 90 percent of the steel and aluminum it purchases for its US operations comes […]





