Friday, June 1, 2018

Camada and Mexico threaten tit-for-tat tariffs

U.S. allies have reacted furiously to the U.S. decision to impose
tariffs on steel and aluminium.

The 25% tariff on steel and 10% duty on aluminium will come into
effect on Friday.

The U.S. made this announcement in March and have been negotiating
with the European Union, Mexico and Canada.

Some nations around the world have been made exempt from the tariffs
but U.S. Commerce Secretary Wilber Ross says U.S. allies hadn't done
enough to receive such an exemption.

The Trump Administration says a global supply glut is a threat to
their national security.

Canada and Mexico have reacted strongly to the news.

U.S. correspondent William Denselow reports.


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