US administration puts off decision on tariffs for EU, others

Administration puts off decision on tariffs for EU others

Reuters reports that a person familiar with the situation said the us will grant no further extensions on the tariffs if deals are not reached by the new June 1 deadline.

The decisions came just hours before temporary exemptions from the tariffs on these countries were set to expire at 0401 GMT on Tuesday.

"With so much at stake, we urge the administration to continue its focus on successfully concluding NAFTA negotiations and providing much-needed economic stability for rural Americans", they said.

The U.S. imposed in March a 25% tariff on imported steel and a 10% tariff on aluminum, but the White House said some nations would not be subject to the new levies.

The US administration imposed the tariffs in March on national security grounds.

"These are issues that President Trump has been focused on for over the previous year, and hopefully we'll make significant progress".

In a statement, the European Union criticized the one-month exemption, saying it should not have been subject to the trade penalties in the first place.

"You don't make trade war with your allies", Macron warned addressed the US Congress.

While Korea was the only country given a permanent exemption, there were three countries that reached temporary agreements with the U.S.




"We continue to work with the administration but we are optimistic that they understand that this would be a bad thing for both of our economies", Canadian Prime Minister Justin Trudeau said Monday. "We're struggling with supply availability, lead times".

South Africa, through Trade and Industry Minister Rob Davies, made representations to the U.S., including two written submissions to be exempted from the tariffs but to no avail.

Trump on April 8 called upon China to "end unfair trade take down barriers and charge only Reciprocal Tariffs".

In a statement, the European Commission says that the decision "prolongs market uncertainty, which is already affecting business decisions".

In an expected tit-for-tat response, the commission has said the European Union would set duties on USA exports, including peanut butter and denim jeans, if its EUR6.4bn metals exports to the United States become subject to tariffs.

The EU and United States should "develop a positive trade agenda in the interests of both sides", Steffen Seibert, Merkel's chief spokesman, said on Twitter Tuesday.

Germany's DIHK Chambers of Commerce and Industry said the delay did offer the opportunity to defuse the trade conflict. But while the threat of tariffs had helped finalise a deal with South Korea, there has been little indication that other nations will bend.

For Canada, Mexico and the EU, Navarro's emphasis that any country escaping the tariffs would face quotas and other restrictions - a line he repeated twice and that he said was the reason he allowed media access - signals the administration's intention to telegraph its hardball approach.

Related news:

Hot News

isis-killer-beheading-video-story-top The US now has an ex-WWE wrestler Republican candidate
May 03, 2018 - 15:37
Former Knox County Democratic Party chair Linda Haney won the Democratic primary over Knoxville native Rhonda Gallman. There are provisional ballots to count, and with the race so close, the results are not official yet.

isis-killer-beheading-video-story-top First results strike the wrong note
May 03, 2018 - 15:31
For the first quarter, Spotify operating loss fell to 41 millions euros, which is equal to nearly $49 million. Spotify reported revenues of $1.37 billion for the most recent quarter and narrowed its losses.

isis-killer-beheading-video-story-top Spain favourites for 2018 World Cup according to CIES Football Observatory
May 03, 2018 - 15:30
It could lead to criticism that Fifa is over-complicating global football and devaluing its flagship World Cup . It has already been branded the 'Final 8' and is part of an ambitious plan to reform worldwide football.

isis-killer-beheading-video-story-top Southwest Airlines flight makes emergency landing due to cracked window
May 03, 2018 - 15:29
They have not released details of the cause and noted that the incident was a diversion, not an emergency landing (paywall). Photos allegedly taken inside the plane and shared on social media appeared to show a large crack in one of the windows.

isis-killer-beheading-video-story-top Samsung Galaxy S7, Galaxy S7 Edge Oreo Updates Officially Confirmed, Coming Soon
May 02, 2018 - 01:25
For the Galaxy S7 , the software firmware version is G930FXXU2ERD5, and for the Edge model, the firmware version is G935FXXU2ERD5. After the update, the smartphones will have all the goodies of Android Oreo with Samsung Experience 9 .0.

isis-killer-beheading-video-story-top Twitter gets Disney, NBC, Viacom to boost its NewFronts lineup
May 02, 2018 - 01:20
Disney will work with the microblogging site to create sporting programming that will be telecast live, as well as other content. The short message platform has turned into a video powerhouse, generating revenue from video ads both in the USA and overseas .

isis-killer-beheading-video-story-top Curry 'probable' for game 2 says Kerr
May 02, 2018 - 01:18
The over is 4-0 in the last four Pelicans games after allowing 100 or more points in their previous game. Davis has 10 rebounds to go with his 21 points, posting his fifth straight double-double this season.

isis-killer-beheading-video-story-top Dele Alli, Harry Kane score as Tottenham Hotspur beat Watford
May 02, 2018 - 01:17
While a top-four place is the primary objective, Tottenham could even move up to third if they win their game in hand over Liverpool .

isis-killer-beheading-video-story-top Top Trump aide denies calling president an 'idiot'
May 02, 2018 - 01:14
The situation is similar to when reports surfaced that then-Secretary of State Rex Tillerson called Trump a "moron". NBC news report alleges Chief Kelly has referred Trump as an idiot based on reports from multiple unnamed sources.

isis-killer-beheading-video-story-top Seahawks GM says a team called about trading for Rashaad Penny
May 02, 2018 - 01:10
The Seahawks traded up with the Broncos to select punter Michael Dickson with the No. 149 overall pick in the 2018 NFL Draft . Seattle will look to Penny to revitalize their offense and help them return to the Super Bowl for the first time since 2015.

Mohamed Salah's image rights dispute with Egyptian Football Association drags on
May 01, 2018 - 04:59
Salah expressed his disappointment over the way things have been handled. Salah's agent, Remy Abbas, also weighed in on the situation.

isis-killer-beheading-video-story-top Cosby juror: I was convinced by comedy icon's deposition
May 01, 2018 - 04:58
Snyder added he was a "little too young" to know about Cosby's legacy, which includes the iconic The Cosby Show sitcom. Cosby said he rejected a plea deal that would have required him to serve house arrest and register as a sex offender.

isis-killer-beheading-video-story-top Wenger thanks United for 'classy' send off
May 01, 2018 - 04:57
Sir Alex and Wenger were fierce rivals while the former was still at the club but they enjoyed a good relationship off the pitch. Arsenal nearly levelled within five minutes, when Mkhitaryan fired wide after some more good approach play.

isis-killer-beheading-video-story-top Migrant caravan refused entry to US
May 01, 2018 - 04:56
Our Country can not accept what is happening! The Department of Homeland Security's inspector general is investigating the matter. A $1.3 trillion spending bill, which Trump signed last month, will keep the government funded through the end of September.

isis-killer-beheading-video-story-top Giants need receiver, cornerback with final 2 picks in draft
May 01, 2018 - 04:55
Saquon Barkley will look awfully familiar to Penn State fans when he takes the field as a New York Giant for the first time. Hernandez will open running lanes for star rookie running back Saquon Barkley and will immediately help in pass protection.