Trump signs tariff order on metal imports

US President Donald Trump signing a presidential proclamation placing tariffs on steel and aluminum imports while surrounded by workers at the White House in Washington, DC, on March 8, 2018.
US President Donald Trump signing a presidential proclamation placing tariffs on steel and aluminum imports while surrounded by workers at the White House in Washington, DC, on March 8, 2018. PHOTO: REUTERS
  • Published
    Mar 10, 2018, 5:00 am SGT

US President Donald Trump has imposed steep new tariffs on imported steel and aluminium, drawing criticism at home and abroad.

Many have warned of a global trade war, but the move is seen as a political win for Mr Trump and could give a boost to Republicans ahead of the mid-term congressional election in November.

Mr Trump temporarily exempted Canada and Mexico from the tariffs - 25 per cent on imported steel and 10 per cent on imported aluminium - which go into effect on March 23.

China said it resolutely opposed the tariffs, and that they would "seriously impact the normal order of international trade".

SEE TOP OF THE NEWS

Join ST's Telegram channel here and get the latest breaking news delivered to you.

A version of this article appeared in the print edition of The Straits Times on March 10, 2018, with the headline 'Trump signs tariff order on metal imports'. Subscribe
Topics: