With just hours remaining before Canada's exemption from new U.S. tariffs on steel and aluminum was set to expire, the United States postponed its decision on whether to impose the tariffs until June 1. But late Monday, Trump decided to give Canada, Mexico and the European Union another month to work out a deal with the Americans. The Trump administration issued a statement saying it had come to a final agreement with South Korea on steel imports and had reached agreements in principle on steel and aluminum with Argentina, Australia and Brazil. "The Administration is also extending negotiations with Canada, Mexico, and the European Union for a final 30 days. The Trump administration has expressed the fear that allowing the NAFTA negotiations to drag on past May could endanger an agreement, given the political calendar.

Source: CBC News April 30, 2018 16:18 UTC