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situation report

Mar 8, 2018 | 20:50 GMT

1 min read

U.S.: Trump Confirms Tariffs On Aluminum, Steel

U.S. President Donald Trump confirmed in a speech March 8 that the United States will impose a 25 percent tariff on steel imports and a 10 percent tariff on aluminum imports. Mexico and Canada, which are in middle of efforts with the United States to renegotiate the North American Free Trade Agreement, will be exempt from the tariffs. The measures will spark international backlash, including retaliatory trade measures and challenges through the World Trade Organization.

 

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