Mnuchin: US in talks with countries seeking tariff exemptions - News Summed Up

Mnuchin: US in talks with countries seeking tariff exemptions


Treasury Secretary Steven Mnuchin says countries are already calling him to get out of President Trump's steel and aluminum tariffs. Canada and Mexico were left out, and Trump held out the possibility that other countries and American corporations could get exemptions, too. Mnuchin said he's spoken to "many of my other counterparts already." Trump signed an order Thursday imposing a 25% tariff on imported steel and a 10% tariff on imported aluminum, both to take effect in 15 days. He said those exclusions would apply because "we can't make that product or there are national security issues."


Source: CNN March 09, 2018 16:41 UTC



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