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Headline Roundup May 18th, 2019

US Lifts Steel and Aluminum Tariffs on Canada and Mexico

Summary from the AllSides News Team

On Friday President Trump lifted steel and aluminum tariffs on Canada and Mexico. A joint statement by the US and Canada said the tariffs are to be removed within two days while they agreed on monitoring enforcement systems to prevent steel dumping that could affect prices.

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Trump to lift steel, aluminum tariffs on Canada and Mexico
Trump to lift steel, aluminum tariffs on Canada and Mexico

Washington Times

News

The U.S. has reached a deal to lift steel and aluminum tariffs on Canada and Mexico, removing a major barrier to congressional approval of President Trump’s revised trade deal with the countries.
The U.S. will be “selling our product into those countries without the imposition of tariffs or major tariffs — big difference,” Mr. Trump announced in a speech Friday afternoon before the National Association of Realtors.
The president said the U.S. has a great relationship with Canada but that it put up a “barrier” by imposing tariffs on American...

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U.S. Seeks to Resolve Other Trade Disputes Amid China Impasse
U.S. Seeks to Resolve Other Trade Disputes Amid China Impasse

Wall Street Journal (News)

News

With U.S.-China trade talks at an impasse, President Trump moved Friday to tackle festering trade disputes with U.S. allies and North American neighbors.
The White House released an order putting off a decision on proposed tariffs on imported cars and auto parts for about six months, giving the administration room to negotiate possible trade deals with the European Union and Japan.
Hours later, Mr. Trump said the U.S. had reached a deal to exempt Canada and Mexico from tariffs on steel and aluminum that were imposed last year. The action...

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US lifts steel and aluminum tariffs on Canada and Mexico
News

President Donald Trump lifted steel and aluminum tariffs on Canada and Mexico on Friday, a move designed to ease one area of tensions even as the President's wider trade agenda faces an uncertain future.
A joint statement from the US and Canadian governments said the tariffs -- which had been in place for a year -- would be removed within two days. The two sides agreed on monitoring and enforcement mechanisms to prevent steel dumping that might affect prices.
The announcement came a day after the Trump administration announced it...

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