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Trump Delays Steel, Aluminum Tariffs
USAgNet - 05/01/2018

President Trump at the last minute on Monday evening announced he would again postpone imposing tariffs on steel and aluminum imports from Canada, Mexico and the European Union, the White House said, pushing off a key economic decision while he tries to prod foreign leaders into making trade-related concessions.

The White House said it reached agreements on metals imports with Argentina, Australia and Brazil, saying more details will be finalized in 30 days.

The Washington Post reports that the contours of those agreements could not be immediately learned, though the White House had been pushing other nations to agree to quotas on exports to the United States.

Trump has put off a decision on steel and aluminum tariffs aimed at Mexico and Canada because he is trying to gain more access for U.S. businesses to their markets as part of a North American Free Trade Agreement renegotiation.

Canadian, Mexican and U.S. officials are meeting in Washington this week to discuss the plan.

Trump's strategy with the European Union is more fluid, as he has praised some countries, such as France, but chastised others, such as Germany, which he says needs to allow U.S. companies more access to consumers.

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