At last minute, U.S. delays metals tariffs again - News Summed Up

At last minute, U.S. delays metals tariffs again


WASHINGTON—The United States has delayed the imposition of steel and aluminum tariffs for another month, with a late-evening announcement Monday that pushed the internationally contentious issue off to June 1. “I’ve had many conversations with the president,” Trudeau told a news conference in Vancouver, hours before the delay was announced. Canada’s position is that neither tariffs nor the alternative of quotas make economic, legal or military sense. Trump’s legal justification for such tariffs is that reliance on foreign metals threatens American national security. I think they have grossly mismanaged U.S. trade policy,” Heyman said in an interview.


Source: thestar May 01, 2018 02:37 UTC



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