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在线翻译:
szdaily -> World Economy -> 
US mulls quotas on steel, aluminum after extending deadline
    2018-05-03  08:53    Shenzhen Daily

U.S. officials are pushing for quotas and “other restrictions” on steel and aluminum imports, a top trade official said Tuesday after the White House announced a month-long extension of tariff exemptions for Canada, Mexico and the European Union.

The decision to extend that deadline was welcomed by many of America’s trading partners, but they continued to push for permanent exemptions.

“We will have quotas and other restrictions to make sure that we defend our industries in the interest of national security,” White House trade adviser Peter Navarro told steel industry executives.

U.S. President Donald Trump’s administration said in March it would impose tariffs of 25 percent on steel imports and 10 percent on aluminum in a bid to stanch imports from China, which it says had driven down prices and put U.S. companies out of business.

But it granted temporary exemptions to allies such as Canada, Mexico and the EU, which had been due to expire Tuesday morning. The administration said Monday night those exemptions would continue for a month, but added a full imposition of tariffs remained an option.

“Last night’s decision is certainly a step forward,” Canadian Foreign Minister Chrystia Freeland said Tuesday, adding: “Canada will continue to work for a full and permanent exemption.”

Before Tuesday, South Korea was the only country with a full exemption after it agreed to quotas. The White House said Monday it had reached agreements for permanent exemptions for Argentina, Australia and Brazil.

The White House has attempted to link exemptions for steel and aluminum imports from the EU to a reduction of tariffs on car imports by the bloc.

That move has been rejected by the EU, which says it must receive a permanent exemption on the steel and aluminum tariffs before holding a wider discussion on trade. It has rejected a discussion of auto trade. (SD-Agencies)

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