CANADA/EU/MEXICO/TARIFFS/TRUMP AS PRESIDENT: “The Trump administration said on Monday [4-30-18] that it would delay a decision to impose steel and aluminum tariffs on the European Union, Canada and Mexico for another 30 days, giving key allies a reprieve as the White House tries to extract concessions from trading partners who have resisted those demands. The extension reflects concerns by the Trump administration of a swift retaliation on American products by European Union nations, and will also give the Trump administration more breathing room to work on a separate trade battle with China. The 25 percent tariffs on steel and 10 percent on aluminum were set to go into effect on Tuesday [5-1-18] and had set off a global scramble by nations trying to secure permanent exemptions. The administration, which granted temporary exemptions to a handful of countries in March, said it had reached initial agreements with Argentina, Australia and Brazil that would allow them to avoid the tariffs, at least for now. Details of those agreements will be finalized in the next 30 days, the White House said.”
-Ana Swanson, “White House Delays Tariffs on E.U., Canada and Mexico for 30 Days,” The New York Times online, April 30, 2018