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US Allies Want Tariff Dispensation

United States allies want dispensation or exemption from the list of countries slapped with steel and aluminum import tariffs. The tariffs will be imposed by the US starting in mid March 2018.

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· 4 minutes read
https://cdn-assetd.kompas.id/INbwVT2bBCHRkFGrjabp4ZuYS-4=/1024x576/https%3A%2F%2Fkompas.id%2Fwp-content%2Fuploads%2F2018%2F03%2F20180309H_ENGLISH-PERANG-DAGANG_A_web.jpg
Olivier Matthys

United States President Donald Trump (center) talks to European Council President Donald Tusk (second right) and European Commission chairman Jean-Claude Juncker in Brussels, Belgium, on May 25, 2017. The EU on Wednesday (7/3) explained its strategy in anticipation of the implementation of US steel and aluminum import tariffs.

BRUSSELS, FRIDAY — United States allies want dispensation or exemption from the list of countries slapped with steel and aluminum import tariffs. The tariffs will be imposed by the US starting in mid March 2018. US President Donald Trump had signed the import tariff regulation on Thursday (8/3) afternoon Washington time, or early Friday Jakarta time.

The 25 percent import tariff for steel and 10 percent for aluminum will be effective in the next two weeks. Through the policy, the Trump administration wants at least 80 percent of US steel and aluminum product being absorbed domestically.

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