Bitter tariffs: Trump gives a month to negotiate

The Trump administration is extending negotiations on aluminum and steel tariffs with the European Union, Canada, and Mexico by 30 days. The White House announced the extension, emphasizing that "in the negotiations, the administration is targeting quotas that limit imports and protect national security."
With the postponement of the decision, the exemptions from duties for the EU and other allied countries remain in force, the Wall Street Journal reports. Trump announced duties of 25% on steel imports and 10% on aluminum imports in March, while at the same time granting exemptions to some countries, including the European Union. Exemptions that would have expired at 6:XNUMX a.m. Italian time today. The postponement therefore offers more time to negotiate, especially with European allies who are clearly against the duties.

Bitter tariffs: Trump gives a month to negotiate

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