EU, Canada, Mexico granted 30-day break with negotiations to continue
Facing a midnight deadline on whether to impose tariffs on aluminum and steel from Canada, Mexico and the European Union, the White House announced Monday night it would give the allies another 30-day reprieve while seeking a final agreement on trade issues.
The Trump administration enacted tariffs of 25 percent and 10 percent, respectively, on imports of steel and aluminum in late March, temporarily exempting a handful of close trading partners. The allies have been pressing U.S. officials to make the exemptions permanent — a move the White House has resisted as it continues to seek an updated North American Free Trade Agreement with Mexico and Canada. However, permanent exemptions were given to South Korea, Argentina, Australia and Brazil.