Sentences with phrase «exemptions on allies»
On Monday, the White House said it extended the May 1 deadline for tariff exemptions on allies such as the European Union, Canada and Mexico for another 30 days.
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Trump on Thursday pressed ahead with the imposition of 25 percent tariffs on steel imports and 10 percent for aluminium on Thursday, though he announced exemptions for Canada and Mexico, and said exceptions could also be made for other allies.
The U.S. on Monday extended exemptions from the tariffs for allies such as the European Union, Canada and Mexico.
TOKYO, May 1 - U.S. stock futures edged up and Australian shares hit seven - week highs on Tuesday after the United States postponed the imposition of steel and aluminum tariffs on Canada, the European Union and Mexico, and offered permanent exemptions for several other allies.
The possibility that temporary exemptions on steel and aluminium tariffs might expire for several US allies also weighed on US stocks.
President Donald Trump drew short shrift from key economic allies after he offered a second temporary exemption on metal - import tariffs rather than the permanent waiver most are demanding.
The tariffs on Canada and Mexico have been temporarily suspended, pending the upcoming NAFTA negotiations, and Trump will also allow other US allies to apply for an exemption, though it's still not clear on what basis such exemptions would be granted or denied.
U.S. opposition to the ICC is of a piece with its vote a year earlier against the treaty to ban antipersonnel land - mines, its refusal to pay UN dues, its economic sanctions on allies that do business in Cuba, and its implicit foreign policy of demanding a «superpower exemption» from international rules.