01 June 2018 US suspends tariff exemptions on steel and aluminum for EU and NAFTA countries; EU, Canada and Mexico to impose retaliatory duties on wide range of products US Department of Commerce Secretary Wilbur Ross announced on May 31, that President Trump signed two Presidential proclamations to suspend the previous exemptions granted for the additional tariffs of 25% on specifically defined articles of steel, and additional tariffs of 10% on specifically defined articles of aluminum goods imported into the US from Member States of the European Union (EU), Canada and Mexico. A statement released by the White House notes that the US has secured measures to address the impairment to the national security threatened by imports of steel and aluminum from Argentina, Brazil, and Australia, while noting that without such measures in place for imports from Canada, Mexico, or the EU, the Administration will continue discussions with each country, and remains open to discussions with other countries impacted by the tariffs. Document ID: 2018-1138 |
