Tuesday, March 18

TRUMP SAYS THERE ARE NO EXEMPTIONS ON STEEL AND ALUMINIUM TARIFFS – Trump said reciprocal duties on U.S. trading partners would come alongside auto duties

U.S. President Donald Trump said he has no intention of creating exemptions on steel and aluminium tariffs and said reciprocal and sectoral tariffs will be imposed on April 2.

Last month, Trump raised tariffs on imports of steel and aluminium to a flat 25%, without exemptions or exceptions, in a move that was designed to help U.S. industry while contributing to an escalating trade war.

Speaking to reporters on Air Force One just before midnight on Sunday, Trump said reciprocal duties on U.S. trading partners would come alongside auto duties.

Trump has said previously that he would impose reciprocal tariffs on U.S. friends and foes alike at the beginning of April.

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