Trump cools trade war by lifting North American metal tariffs

  • Steel and aluminium imports from Mexico and Canada affected
  • Trump pauses implementation of auto tariffs on EU and Japan

The Trump administration moved to cool the simmering trade war with its major trading partners on Friday, ending tariffs on metal imports from Canada and Mexico and announcing a pause on planned tariffs on cars and car parts.

“I’m pleased to announce we’ve just reached agreement with Canada and Mexico,” Donald Trump said. “We’ll be selling our product into those countries without the imposition of tariffs.”

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from World news | The Guardian http://bit.ly/2WS3erw
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