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muriel_volestrangler

(101,083 posts)
Thu Mar 22, 2018, 02:24 PM Mar 2018

EU and six other countries exempted from US metals tariffs

Source: BBC

A senior US official has said that the European Union (EU) and six other countries will be exempt from steel and aluminium tariffs announced by President Trump, at least temporarily.

Trade Representative Robert Lighthizer told a Senate panel that Mr Trump had decided to "pause" the import duties while further discussions took place.

The tariffs of 25% on steel and 10% on aluminium are due to come into effect on Friday.
...
Aside from the EU Mr Lighthizer said Argentina, Australia, Brazil, Canada, Mexico and South Korea would be exempted.



Read more: http://www.bbc.co.uk/news/business-43505804



I think part of their reasoning was to get other countries saying "please be nice to us", and to hope it's something they can say "we let you off those tariffs, so do something for us in return" in future talks. More or less a protection racket.
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EU and six other countries exempted from US metals tariffs (Original Post) muriel_volestrangler Mar 2018 OP
well trump was right in a way...... getagrip_already Mar 2018 #1
So....that leaves only China? Which is not even in the top ten exporters! Fred Sanders Mar 2018 #2
My thought exactly. I think Squinch Mar 2018 #3
Exactly. BumRushDaShow Mar 2018 #5
So.... awesomerwb1 Mar 2018 #4
Russia picked trump DonCoquixote Mar 2018 #6
So after you boil it all down, old guy Mar 2018 #7
A tariff searching for a country to punish? FSogol Mar 2018 #8

Fred Sanders

(23,946 posts)
2. So....that leaves only China? Which is not even in the top ten exporters!
Thu Mar 22, 2018, 02:32 PM
Mar 2018

Is this even a tariff anymore?? Too funny...now we know what we also knew then...it is all for show and distraction and appearing tough.

More awesome nothingness.

awesomerwb1

(4,255 posts)
4. So....
Thu Mar 22, 2018, 02:42 PM
Mar 2018

5. Russia 8.1 percent

6. Turkey 5.6 percent

7. Japan 4.9 percent

9. Taiwan 3.2 percent

10. China 2.9 percent

11. India 2.4%

Figures above according to Reuters. Out of the Top 11 steel exporters to the US. (Top 4 left out were exempted).

DonCoquixote

(13,615 posts)
6. Russia picked trump
Thu Mar 22, 2018, 02:47 PM
Mar 2018

To be a buffer against China, and by buffer I mean "two people we hopewill cripple and each other while your Comrade Rasputin becomes the new Stalin."

old guy

(3,281 posts)
7. So after you boil it all down,
Thu Mar 22, 2018, 03:29 PM
Mar 2018

in effect, the whole thing is a meaningless exercise to fulfill a stupid campaign promise. Ok now I got it.

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