Featured

Trump suspends steel and aluminum tariffs for several allied countries

Today, based on ongoing dialogues, President Donald J. Trump authorized the modification of the Section 232 tariffs on steel and aluminum imports to suspend the tariffs for certain countries before they take effect. These suspensions are based on factors including ongoing discussions regarding measures to reduce global excess capacity in steel and aluminum production by addressing its root causes.

The tariffs on steel and aluminum imports from the following countries are suspended until May 1, 2018, pending discussions of satisfactory long-term alternative means to address the threatened impairment to U.S. national security:

  • Argentina
  • Australia
  • Brazil
  • Canada
  • Mexico
  • The European Union
  • South Korea

By May 1, 2018, the President will decide whether to continue to exempt these countries from the tariffs, based on the status of the discussions. The European Union will negotiate on behalf of its member countries.

The President retains broad authority to further modify the tariffs, including by removing the suspensions or suspending additional countries. Any country not currently suspended remains welcome to discuss a possible suspension with the United States based on a shared commitment to addressing global excess steel and aluminum capacity and production.

The Administration will closely monitor imports of steel and aluminum imports from exempted countries, and the United States Trade Representative, in consultation with the Secretary of Commerce and the Director of the National Economic Council, may advise the President to impose quotas as appropriate. Further action by the President would be needed to implement any quota the President might decide to adopt.

Rich Mitchell

Rich Mitchell is the editor-in-chief of Conservative Daily News and the president of Bald Eagle Media, LLC. His posts may contain opinions that are his own and are not necessarily shared by Bald Eagle Media, CDN, staff or .. much of anyone else. Find him on twitter, facebook and GETTR

Share
Published by
Rich Mitchell

Recent Posts

Democrats Vote To Keep Government Shuttered in Hopes to Make Taxpayers Pay for Benefits for Illegal Aliens

Almost all Senate Democrats voted down a bipartisan effort to reopen the government on Tuesday…

20 hours ago

ROFL: Elizabeth Warren Lays Out What She’ll Do If Trump Sends Troops To Massachusetts

Democratic Massachusetts Sen. Elizabeth Warren said on Bloomberg Tuesday that she would fight back if President…

20 hours ago

Jerome Powell Suggests Fed Is On Track To Cut Interest Rates Once Again

Federal Reserve Chair Jerome Powell suggested Tuesday that the central bank may be on track…

20 hours ago

SCOTUS May End ‘Disastrous’ Legal Standards Forcing States To Draw Congressional Districts Just For Minorities

The Supreme Court will hear arguments on Wednesday in a case that could end the…

20 hours ago

ICE Partners with Oklahoma Highway Patrol to Capture 120 illegal aliens, 91 driving with CDL Licenses

OKLAHOMA CITY — From Sept. 22-25, ICE officers joined the Oklahoma Highway Patrol for a…

21 hours ago

Defense Titan Unveils Massive Helmet Upgrade For Troops Straight From Sci-Fi

The next generation of combat helmets could be on the horizon for America’s warfighters, blending…

23 hours ago