U.S. companies line up to be excluded from steel and aluminum tariffs
U.S. companies line up to be excluded from steel and aluminum tariffs
Japanese prime minister Shinzo Abe is in Florida to discuss trade issues with President Donald Trump. One issue on the table: Japan’s desire to be excluded from steel and aluminum tariffs that went into effect last month. Other key U.S. allies, including Australia, Canada, the European Union and Mexico have been granted exemptions.
Plenty of American companies that import steel and aluminum are seeking an exemption from the tariffs, too. It’s been about a month since the Trump administration opened the exemption application process, and in that time, the Department of Commence has received about 2,200 applications.
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