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EU and six others to get exempted from US tariffs

U.S. Trade Representative Robert Lighthizer told U.S. lawmakers that the European Union would be exempted from planned import tariffs on steel and aluminum.


Reuters
Updated: 22-03-2018 21:11 IST
EU and six others to get exempted from US tariffs

The idea that the president has is that, based on a certain set of criteria, that some countries should get out. (Image Credit: Reuters)

U.S. President Donald Trump will not apply new steel and aluminum tariffs to the European Union and other trading partners which are currently negotiating exemptions, U.S. Trade Representative Robert Lighthizer said on Thursday.

"The idea that the president has is that, based on a certain set of criteria, that some countries should get out," he told a Senate committee hearing.

"There are countries with whom we're negotiating and the question becomes the obvious one that you think, as a matter of business, how does this work. So what he has decided to do is to pause the imposition of the tariffs with respect to those countries."

He then listed these as Canada and Mexico, "Europe ... Australia ... Argentina ... Brazil and ... (South) Korea".

Also Read | US agrees to withdraw tariffs but wants export caps

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)

COUNTRY : ArgentinaAustraliaBrazilCanadaKorea Rep.Mexico