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trump exempts some allies from steel, aluminum tariffs


president trump said he will temporarily exempt certain allies from the steel and aluminum tariffs, citing "important security relationships."        






u.s. allies around the world steel for trump tariff tussle


president donald trump’s planned tariffs on steel and aluminum prompted angry responses from u.s. allies around the globe friday, rattling stock prices and generating warnings of a possible international trade war.european commission president jean-claude juncker announced friday europe would react to u.s. plans to put import tariffs on steel and aluminum with tariffs on harley-davidson motorcycles, bourbon and bluejeans.“we...






trump trade adviser says no exceptions for allies on new aluminum and steel tari


the trump administration will not grant exemptions from its new aluminum and steel tariffs for allies such as canada, white house trade adviser peter navarro said sunday, as he defended president donald trump's sudden imposition of new trade premiums that are likely to hit canada and europe hardest."as soon as he starts exempting countries, he has to raise the tariff on everybody else," navarro said when asked about canada and the european union. "as soon as he exempts one country, his phone starts ringing with the heads of state of other countries."in a contentious interview with "fox news sunday" host chris wallace, navarro insisted that other countries won't retaliate in a way that hurts u.s. consumers, something disputed by many economists and some republican lawmakers."there are no do






trump forges big trade lever from steel, aluminum


washington—president donald trump on monday sought to use his threat to slap tariffs on steel and aluminum imports as leverage to extract concessions from north american trading partners, while his party’s congressional leaders worked to derail a proposal that they said could spark a trade war.mr. trump upset u.s. allies and trading partners last week by saying he would impose tariffs on steel and aluminum imports from around the world. trump administration officials have said no nation would be exempted from the duties,...






trump forges big trade lever from steel, aluminum


washington—president donald trump on monday sought to use his threat to slap tariffs on steel and aluminum imports as leverage to extract concessions from top trading partners, warning mexico and canada that their metal exports would be penalized until they agree on a plan to overhaul north america’s trading system.mr. trump upset u.s. allies and trading partners last week by saying he would impose tariffs on steel and aluminum imports from around the world. trump administration officials have said no nation would be exempted...






q&a: how trump's tariffs could affect people and companies


washington — president donald trump's vow thursday to slap tariffs on imported steel and aluminum spooked investors, raised fears that other nations would punch back with their own sanctions and threatened to raise prices for u.s. consumers and companies that use steel and aluminum.here's a close look at the tariffs and their potential to trigger a trade war and bruise the u.s. economy:___what exactly did trump do?the president said that sometime next week, he will formally announce tariffs of 25 percent on imported steel and 10 percent on imported aluminum. it's unclear whether any countries would be exempt from what would amount to a heavy new tax on imports. that tax would, in turn, make imported steel and aluminum more expensive for american companies and individuals who use goods cont






trump will move this week on steel, aluminum tariffs, aides say, dismissing warn


administration officials signaled sunday that president trump is determined to impose punishing tariffs on imported steel and aluminum, brushing aside an outcry from foreign allies, u.s. manufacturers, republican lawmakers and other presidential advisors that he may ignite a damaging trade war.both trump's commerce secretary, wilbur ross, and white house trade advisor peter navarro, the apparent winners of an internal administration battle over the issue, said that they expect the president to follow up swiftly on his surprise announcement thursday that he would invoke a little-used legal provision to singlehandedly impose duties of 25% on imported steel and 10% on aluminum.advertisement"we expect probably by the end of the week it will be signed," navarro said on cbs' "face the nation."na






trump signs off on tariffs on foreign steel, aluminum


washington — president donald trump signs off on a pair of tariffs on foreign aluminum and steel on thursday, defying repeated calls from republican leaders to reconsider imposing the import taxes which they fear will set off a global trade war.trump, speaking to reporters at the white house thursday morning, hours before a planned 3:30 p.m. signing ceremony, said canada and mexico would be excluded from the 25 percent tariff on imported steel and 10 percent tariff on aluminum, and said he would be “very flexible” about exempting other foreign allies.“i’ll have a right to go up or down depending on the country, and i’ll have a right to drop out countries or add countries,” trump told reporters gathered for the president’s morning cabinet meeting. “i just want fairness because we have not b






trump tariffs on steel, aluminum could hurt u.s. industry; trade war fear sinks


president trump says he will impose tariffs on steel and aluminum that could increase american jobs but raise prices and hurt the u.s. auto industry        






trump tariffs on steel, aluminum could hurt u.s. industry; trade war fear sinks


president trump says he will impose tariffs on steel and aluminum that could increase american jobs but raise prices and hurt the u.s. auto industry        






u.s. allies around the world steel for trump tariff tussle


president donald trump’s planned tariffs on steel and aluminum prompted angry responses from u.s. allies around the globe friday, driving down stock prices and generating warnings of a possible international trade war.allies in asia and europe lobbied for a change of heart and took issue with mr. trump’s invocation of a little-used cold war-era law that gives presidents broad discretion to curb imports deemed a threat to national security....






trump orders tariffs on steel and aluminum, sparing mexico, canada


perfection is a rare achievement in washington, so give donald trump credit for the trade policy he unveiled last week to put new tariffs on imports of steel and aluminum. it is perversely flawless in its disregard for factual reality, u.s. trade law and economic logic. it is all flies and no ointment....






the latest: trump orders tariffs on steel, aluminum imports


washington — the latest on president donald trump's plan to impose tariffs on imports of steel and aluminum (all times local):2:15 a.m.president donald trump his action on tariffs on steel and aluminum imports is necessary to protect industries "ravaged by aggressive foreign trade practices. it's really an assault on our country."he has ordered steep new tariffs on those imports to the u.s.the president says he will exempt canada and mexico as "a special case" while negotiating for changes to the north american free trade agreement.the new tariffs will take effect in 15 days, with america's neighbors indefinitely spared "to see if we can make the deal," trump says.he suggested in an earlier meeting with his cabinet that australia and "other countries" might be spared, a shift that could so






china slams trump’s tariffs as allies hold out hope


china lashed out against new steel and aluminum tariffs, while officials and executives from several u.s. allies caught in the crossfire reacted more cautiously, embracing what the white house promised would be some flexibility in implementation.in the u.s., heartened metals workers cheered the tariffs for promising to breathe new life into their industry. american manufacturers and farmers, though, warned the measures could jack up costs and risk painful retaliation....






trump announces steel and aluminum tariffs, but with 'flexible' except


president acts on tariffs despite warnings from allies that it will spark trade war and increase prices for consumers.        






china, europe slam trump’s tariffs as u.s. metalworkers cheer


china and europe lashed out against new u.s. steel and aluminum tariffs, while officials and executives from several american allies caught in the crossfire reacted more cautiously, embracing what the white house promised would be some flexibility in implementation.american metalworkers cheered the tariffs for promising to breathe new life into their industry. dan simmons, president of united steelworkers local 1899 for granite city, ill., said the tariffs “will allow us to compete.” united steel corp. has said it would restart...






germany doubts eu will be exempt from trump steel tariffs


brussels (ap) — a german government official is doubtful that the european union will be exempt from u.s. president donald trump’s potentially damaging steel and aluminum tariffs.deputy foreign minister michael roth said tuesday that “we are skeptical, but will hope to the end that there is a good solution.”expressing concern about trump’s “dogmatic and ideological decision,” roth said that “we are at the moment — and the clock is ticking — a long way from a sensible solution.”his comments came as eu trade commissioner cecilia malmstrom headed to washington to seek an exemption from the tariffs for the entire 28-nation bloc.most read business storiesunlimited digital access: $1 for 4 weekstrump’s tariffs of 25 percent on imported steel and 10 percent on aluminum enter force on friday. he h






the latest: white house: trump to reveal decision on tariffs


washington — the latest on president donald trump and trade penalties on steel and aluminum imports (all times local):8:55 a.m.a white house official says president donald trump plans to announce thursday whether he'll impose tariffs or quotas on steel and aluminum imports.increased foreign production, especially by china, has driven down prices and hurt american producers.trump defended the u.s. steel and aluminum industries in a tweet thursday, saying they "have been decimated by decades of unfair trade and policy with country from around the world" and that "we want free, fair and smart trade!"commerce secretary wilbur ross last month offered trump three options, including tariffs on all steel and aluminum imports from all countries, tariffs on steel and aluminum imports from some count






walker comes out against trump’s proposed tariff


madison, wis. (ap) — republican wisconsin gov. scott walker is opposing president donald trump’s proposed tariffs on steel and aluminum imports, asking that he reconsider.walker joined the backlash friday against trump’s proposal that will likely raise steel and aluminum prices in the united states.walker says american companies that will feel the negative impact of the tariffs can move their operations to another country, such as canada, and not face new tariffs on the sale of their products.he says, “this scenario would lead to the exact opposite outcome of the administration’s stated objective, which is to protect american jobs.”most read storiesunlimited digital access: $1 for 4 weekswalker says if trump’s goal is to protect jobs, particularly in wisconsin, he should reconsider the tar






australia disputes u.s. tariffs linked to new security pact


sydney—australia on saturday disputed u.s. president donald trump’s apparent assertion the day before that the country being exempted from planned u.s. tariffs on aluminum and steel imports would be conditional on a new security agreement. on twitter, mr. trump said friday that his australian counterpart “is committed to having a very fair and reciprocal military and trade relationship. working very quickly on a security agreement so we don’t have to impose steel or aluminum tariffs on our ally, the great nation of australia!”...






germany urges us to rethink steel, aluminum tariffs


berlin — u.s. president donald trump risks sparking a trade war with his closest allies if he goes ahead with plans to impose steep tariffs on steel and aluminum imports, german officials and industry groups warned friday.trump, who has long railed against what he deems unfair trade practices by china and others, said thursday he planned to levy penalties of 25 percent on imported steel and 10 percent on aluminum imports from next week.the move hit markets hard, and global indexes tracked wall street lower on friday — germany's dax index, for example, was down 2 percent in late-morning trading in frankfurt amid trade war fears."markets are clearly concerned that trump's move to impose tariffs will spark retaliation from other countries or trade blocs, which could be the start of a trade wa






trump links planned steel tariffs to nafta renegotiation effort


washington—president donald trump on monday increased pressure on two top u.s. trading partners, saying he would lift planned tariffs on steel imports only if mexico and canada sign a new version of the north american free trade agreement, or nafta.“tariffs on steel and aluminum will only come off if new & fair nafta agreement is signed,” mr. trump said in a morning tweet.the...






give better deal or else face steel tariffs


even before president trump has formally imposed tariffs on steel and aluminum imports he is already using them as a bargaining chip in the bogged-down talks to renegotiate the north american free trade agreement.trump has frequently threatened to withdraw from nafta if the pact's partners canada and mexico don't accede to u.s. demands for a more favorable deal.advertisementbut on monday, the president suggested that canada and mexico could avoid the new planned tariffs if they made concessions in negotiations to rewrite the quarter-century-old agreement. the three sides are wrapping up the seventh round of talks monday with little progress expected on the key sticking points."tariffs on steel and aluminum will only come off if new & fair nafta agreement is signed," trump tweeted. "also, c






turnbull says us set to grant australia tariff exemption


sydney (ap) — the u.s. appeared set to grant australia an exemption from its new tariffs on steel and aluminum imports following discussions between president donald trump and prime minister malcolm turnbull.trump this week exempted canada and mexico from the duties — 25 per cent on steel and 10 per cent on aluminum — and said u.s. allies would have 15 days to negotiate possible exemptions.that triggered a diplomatic offensive from australia, including a letter to trump signed by business leaders and former australian golfing great greg norman, a trump supporter and friend.after a telephone call with turnbull on friday, trump tweeted: “spoke to pm @turnbullmalcolm of australia. he is committed to having a very fair and reciprocal military and trade relationship.”most read business storiesu






white house: no exemptions from steel, aluminum tariffs


washington — president donald trump's administration appears unbowed by broad domestic and international criticism of his planned import tariffs on steel and aluminum, saying sunday that the president is not planning on exempting any countries from the stiff duties.speaking on cnn's "state of the union," white house trade adviser peter navarro said: "at this point in time there's no country exclusions."trump's announcement thursday that he would impose tariffs of 25 percent and 10 percent, respectively, on imported steel and aluminum, roiled markets, rankled allies and raised prospects for a trade war. while his rhetoric has been focused on china, the duties will also cover significant imports from canada, mexico, south korea, japan and the european union.the pentagon had recommended that






trump announces stiff trade tariffs, unswayed by warnings


washington — unswayed by republican warnings of a trade war, president donald trump ordered steep new tariffs on steel and aluminum imports to the u.s. on thursday, vowing to fight back against an "assault on our country" by foreign competitors. the president said he would exempt canada and mexico while negotiating for changes to the north american free trade agreement.the new tariffs will take effect in 15 days, with canada and mexico indefinitely exempted "to see if we can make the deal," trump said. nafta talks are expected to resume early next month."the american aluminum and steel industry has been ravaged by aggressive foreign trade practices. it's really an assault on our country. it's been an assault," trump said at the white house. he was joined by steel and aluminum workers holdi






canada, top exporter of steel and aluminum to u.s., 'flabbergasted' by tariff pr


canadians reacted with a mixture of anger, confusion and resignation this week to president trump's promise to hit u.s. imports of steel and aluminum with hefty tariffs, upending decades of economic cooperation and integration."we're pretty consistently flabbergasted that canada is at the top of the hit parade of trade villains" in trump's eyes, said douglas porter, chief economist at the bank of montreal.advertisementunder the trump policies announced thursday, steel imported into the united states would be slapped with a 25% tariff and aluminum with a 10% tariff. the announcement sent shudders through world markets and prompted a global outcry, with european allies and others threatening retaliation.trump often has accused china of forcing u.s. steel and aluminum companies to fold by inu






trump trade adviser says no exceptions for allies on new aluminum and steel tari


the trump administration sent mixed signals about its new aluminum and steel tariffs on sunday, saying that any exceptions for allies are unlikely but also leaving room for an unpredictable president to change his mind.white house trade adviser peter navarro appeared to draw a firm line against case-by-case exemptions as he defended president donald trump's sudden imposition of new trade premiums, which are likely to hit canada and europe hardest."that's not his decision," navarro said when asked about the possibility of exemptions. "as soon as he starts exempting countries, he has to raise the tariff on everybody else," the adviser said when asked about canada and the european union. "as soon as he exempts one country, his phone starts ringing with the heads of state of other countries."i






trump to ‘pause’ looming metal tariffs for some countries


washington (ap) — the european union, australia, argentina, brazil and south korea are among the nations that will get an initial exemption from looming steel and aluminum tariffs from the trump administration, u.s. trade representative robert lighthizer said thursday.president donald trump is planning to impose tariffs of 25 percent on imported steel and 10 percent on aluminum — trade penalties aimed at china for flooding the world with cheap steel and aluminum.lighthizer told the senate finance committee that there are countries involved in various stages of trade talks with the u.s., and that trump decided “to pause the imposition of tariffs with respect to those countries.” the trade official also cited canada and mexico in his list. the u.s. is in consultations with the two countries






trump imposes sweeping tariffs on steel, but excludes canada, mexico and maybe o


brushing aside stern warnings from from ally nations, u.s. companies and lawmakers in his own party, president trump imposed substantial tariffs thursday on steel and aluminum imports from across the globe.his order included an indefinite but conditional exemption for canada and mexico.advertisementthe order marked the first time in more than three decades that a u.s. president has invoked national security as the basis for ordering such trade restrictions.the protectionist move is almost certain to be contested at the world trade organization and met with retaliatory measures from other nations, risking a trade war.and the sloppy rollout, lack of details and uncertain process that lay ahead could mean that the tariff plan — like so many other trump programs — finds itself tied up in legal






white house is said to be readying announcement on imported steel tariffs


president trump turned his focus thursday to trade and the troubles of the american metal industry amid reports that the administration is preparing to issue a decision on applying tariffs or other restrictions on imported steel and aluminum from china and the rest of the world.there was no official word of an announcement, but the administration has called domestic steel and aluminum company executives to the white house for a meeting late thursday morning, according to a person familiar with the plans.advertisementand trump early thursday tweeted: "our steel and aluminum industries (and many others) have been decimated by decades of unfair trade and bad policy with countries from around the world. we must not let our country, companies and workers be taken advantage of any longer. we wan






china appeals to trump to avoid disrupting trade


beijing — china appealed to president donald trump on wednesday to avoid disrupting trade and to settle steel and aluminum disputes through negotiation after trump said he would decide whether to impose tariffs or quotas.u.s.-chinese trade is "mutually beneficial" and disagreements are inevitable, said foreign ministry spokesman geng shuang. he said all governments should "spare no effort to avoid negative impacts" on the global recovery.trump said tuesday he is "considering all options" in response to complaints chinese steel and aluminum being sold at improperly low prices threatens american jobs. speaking to legislators, the president said he might take action on national security grounds."we should see these differences in a reasonable and objective manner and properly handle and manag






beer drinkers and car buyers among losers from trump's tariffs on imported steel


president donald trump announced thursday that next week he will sign off on a 25 percent tariff for imported steel and 10 percent tariff for foreign aluminum. the decision was met with objections from manufacturers in numerous industries and many fellow republicans.here’s a look at some of the winners and losers under trump’s plan.winnersu.s. steelmakers and aluminum producers. companies who have cut production and employees as a result of imports may now have reason to restart their production lines. chicago-based century aluminum, whose products include the high-purity aluminum needed to make military fighter jets, shut down some production lines at its hawesville, ky., smelter in late 2015. ceo michael bless told reuters last week that tariffs or import quotas would allow it to move ba






germany urges us to rethink steel, aluminum tariffs


berlin (ap) — germany’s foreign minister says president donald trump risks sparking a trade war with europe over proposed tariffs on steel and aluminum, which will only benefit others.trump on thursday said he would levy penalties of 25 percent on imported steel and 10 percent on aluminum.germany is the top european union steel exporter to the u.s. and foreign minister sigmar gabriel said friday the tax would jeopardize thousands of jobs in europe needlessly, because “there’s no unfair competition or dumping prices from german or european firms.”urging trump to rethink his plans, gabriel says “the threat of difficult trade strife between the u.s. and europe is neither in the interest of europe or the u.s. here goes the saying: ‘when two fight with each other, it pleases the third.'”most re






trump tariff plan challenges trade system u.s. helped build


president donald trump’s planned tariffs on steel and aluminum threaten a world-trading regime already battered by mounting protectionism and its struggle to tame china’s state-driven capitalism. mr. trump is expected to sign a proclamation this week outlining his plan to impose the tariffs, which have angered close u.s. allies. european union officials have suggested they could impose up to $3.5 billion in retaliatory tariffs on u.s. products almost immediately. ...






china, europe slam trump’s tariffs as u.s. metalworkers cheer


china and europe lashed out against new u.s. steel and aluminum tariffs, while officials and executives from several american allies caught in the crossfire reacted more cautiously, embracing what the white house promised would be some flexibility in implementation.american metalworkers cheered the tariffs for promising to breathe new life into their industry. dan simmons, president of united steelworkers local 1899 for granite city, ill., said the tariffs “will allow us to compete.” united steel corp. has said it would restart a local furnace this week, ahead of the tariffs.that enthusiasm was tempered by warnings from american manufacturers that fear the cost of foreign steel will go up. “we are disappointed that the president has decided to move forward with tariffs on steel and aluminu






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