(UTV|COLOMBO) – The White House says there could be exemptions to US plans to impose tariffs on metal imports, in a softening of its tough stance.
Canada, Mexico and other countries may see “carve-outs” on national security grounds, a spokeswoman said.
US President Donald Trump has said steel products will face a 25% tariff, with 10% on aluminium goods.
Meanwhile, China threatened an “appropriate and necessary response” in any trade war with the US.
Foreign Minister Wang Yi said China and the US should strive to be partners rather than rivals.
The EU has proposed retaliatory measures against a number of US goods including bourbon and peanut butter.
Courtesy: BBC
[alert color=”faebcc” icon=”fa-commenting”]Keeping up to date with breaking news while you are on the move is now simple with UTV Alerts [textmarker color=”8a6d3b”]Type REG UTV and send to 77000[/textmarker] on your Dialog or Hutch mobile connection[/alert]
