Trump Signs Steel Tariffs, No Exemption for S. Korea

Write : 2018-03-09 08:05:38 Update : 2018-03-09 10:46:25

Trump Signs Steel Tariffs, No Exemption for S. Korea

U.S. President Donald Trump on Thursday signed heavy tariffs on steel and aluminum imports in a bid to boost U.S. industries. 

Trump signed the proclamations for the new tariffs at the White House, surrounded by steel and aluminum workers. 
Canada and Mexico were exempted from the move which will impose tariffs of 25 percent on steel and ten percent on aluminum imports, as negotiations on the North American Free Trade Agreement are currently under way.

South Korea was not exempted from the new tariffs which will go into effect in 15 days.

However, Trump hinted that exemptions could be given to more countries, saying some of the countries the U.S. deals with are "great partners and great military allies" and that will be looked at very strongly. He added that the U.S. will look at who is treating it fairly, and part of that will be related to military costs.

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