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US May Offer Mexico, Canada Temporary Metal Tariff Exemptions

© REUTERS / Stringer / Aluminium-Herstellung in China
Aluminium-Herstellung in China - Sputnik International
WASHINGTON (Sputnik) - The US administration mulls offering Mexico and Canada a 30-day exemption from its new steel and aluminium tariffs, officials told local media on Wednesday.

An extension of these exemptions would be tied to progress in talks on the renegotiation of the North American Free Trade Agreement (NAFTA), the Washington Post said.

US President Donald Trump meets with EU leaders in Brussels - Sputnik International
On the Brink of Trade War: EU to Hit Back With Tariffs on Iconic US Goods
The announcement is expected Thursday, according to the report. White House spokesperson Sarah Sanders said earlier the details would be made known by the end of this week.

Last Thursday, US President Donald Trump said he would impose a 25-percent tariff on US imports of steel and a 10-percent tariff on aluminium for an indefinite period of time, despite criticism from US lawmakers and foreign leaders.

Earlier, US Treasury Secretary Steven Mnuchin said that the Trump administration was planning to impose new steel and aluminium tariffs "very, very quickly".

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