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Steel tariffs: Canada exempt for now

11 March 2018

Trump said on Friday he was ready to work out an exception for Australia, while Japan, South Korea, the European Union and Brazil called for similar treatment. But if no deal is reached in negotiations among the three countries that began in August, "then we're going to terminate NAFTA and we'll start all over again or we'll just do it a different way", Trump added. Forcing Mexico to pay the tariffs, however, would make it very hard to complete NAFTA talks, the official said.

She also downplayed a link made by Trump between NAFTA and the metals tariffs, saying they were separate issues.

Canada, which sells about 90 per cent of the steel produced in this country to the United States, is exempt for now. "Making sure the contract is beneficial to both parties on both sides Canada and Mexico, and last but not least, the United States", Gosar said.

"If he doesn't see that there's room to maneuver, he'll create some", said Bozell, president of For America, a conservative grassroots political group.

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There are a handful of Democrats who are on board with Trump's move, though. Sen.

Bishop also reported that she had contacted several NY businessmen who are close to the Trump empire, to lobby against Trump's steel tariffs.

Congressman Paul Gosar is fully supportive. "There is a lot of concern among Republican senators that this could sort of metastasize into a larger trade war", Senate Majority Leader Mitch McConnell, R-Ky., told reporters.

Canadian cabinet members also kept phone lines "humming" with their USA counterparts in an all-out push that recalled a lobbying effort in April 2017 to persuade Trump not to withdraw from NAFTA but to pursue re-negotiations instead. "We are deadly serious" about solving what the USA sees as unfair trade in steel and aluminum.

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Mr Turnbull said Mr Trump had acknowledged the trade relationship between Australia and the U.S. was a fair and reciprocal one.

U.S. President Donald Trump shows his signature on Section 232 Proclamations on Steel and Aluminum Imports in the Oval Office of the White House on March 8, 2018. While business experts and American lawmakers speculate that the move was meant mostly to disadvantage China, it has enraged key USA allies like the European Union and Canada (the U.S.'s largest supplier of both materials).

Australian Industry Group Chief Executive Innes Willox said the exemption was a positive step but he was concerned it would only apply to steel and aluminium from Australia and not to Australian companies producing overseas.

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Steel tariffs: Canada exempt for now