The president late Thursday suspended tariffs for the following: Argentina, Australia, Brazil, Canada, Mexico, European Union nations and South Korea. Effectively that means tariffs will apply to three major steel exporters: China, Russia and Japan.
WASHINGTON — President Donald Trump formally approved temporary exclusions from steel and aluminum tariffs until May 1 for six nations and the European Union.
Tariffs of 25% on steel imports and 10% on aluminum imports go into effect on Friday for nations not covered by exclusions. The president late Thursday suspended tariffs for the following: Argentina, Australia, Brazil, Canada, Mexico, European Union nations and South Korea. Effectively that means tariffs will apply to three major steel exporters: China, Russia and Japan.
