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Ross Says U.S. to Extend Tariff Relief to Some Allies, But Not All

  • Temporary steel and aluminum tariff relief expires on May 1
  • Macron, Merkel asked Trump to be spared from duties last week
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Bloomberg’s Ros Krasny reports on Trump’s plans to extend relief from steel and aluminum tariffs to some countries.(Source: Bloomberg)
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The Trump administration plans to extend relief from steel and aluminum tariffs to some countries, but not all, when their temporary exemptions expire on Tuesday, said Commerce Secretary Wilbur Ross.

Ross, in an interview in Washington with Bloomberg late Saturday, declined to identify which nations would be spared from the tariffs. He said the announcement will be made right before the May 1 deadline for the duties to kick in. The secretary indicated on Friday that nations have been asked to accept import quotas in return for tariff-free access of the metals into the U.S.