President Trump made proclamations on Thursday to impose new import tariffs of 25 percent on steel and 10 percent on aluminum. Effective March 23, these tariffs would apply to steel and aluminum exports arriving from all countries — aside from Canada and Mexico. Those two get a temporary reprieve, pending Trump’s assessment of the outcome of the NAFTA renegotiation.
In a new twist, Trump also decided other partners can ask to negotiate with U.S. Trade Representative Robert E. Lighthizer to be excluded from the tariffs.
Conflict may loom ahead. After Trump’s initial tariff announcement last week, the European Union quickly threatened to hit back.… Seguir leyendo »