U.S. Extends Steel Tariffs Relief for EU and Other Allies
- Argentina, Australia, Brazil have reached deals in principle
- Negotiations to continue with EU, Canada, Mexico for 30 days
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President Donald Trump will delay imposing steel and aluminum tariffs on the European Union, Mexico and Canada until June 1 as he finalizes deals with them, the White House said in a statement.
The administration has reached agreements-in-principle with Argentina, Australia and Brazil, according to the statement, which the White House released late Monday night. The details "will be finalized shortly," the statement added. The U.S. will also extend exemptions for the EU, Canada and Mexico for 30 days to allow for further talks.