Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Tribune News Service
Tribune News Service
National
Miles Weiss and Mark Niquette

Trump's trade adviser says some tariff exemptions are possible

WASHINGTON ��Some exemptions could be made to the tariffs on foreign steel and aluminum announced by President Donald Trump but exclusions for entire countries aren't expected, the top White House trade adviser said.

"There's a difference between exemptions and country exclusions," Peter Navarro, director of the National Trade Council at the White House, said Sunday on CNN's "State of the Union." "There'll be an exemption procedure for particular cases where you need to have exemptions so that business can move forward, but at this point in time, there'll be no country exclusions."

Navarro didn't specify under what circumstances exemptions may be considered. Trump is expected to sign an order for the tariffs within the next two weeks after all legalities are finalized, Navarro said.

He defended Trump's decision to set levies of 25 percent on imported steel and 10 percent on aluminum, a move that rocked financial markets and which critics say threatens U.S. jobs and ignites the possibility of a global trade war.

U.S. Commerce Secretary Wilbur Ross continued to downplay the possible impact of the move on U.S. consumer prices and jobs.

"We're talking about a fraction of a penny," on the impact on American consumers, Ross said on NBC's "Meet the Press. "Retaliation isn't going to change the price on a can of beer."

The tariffs are part of Trump's plan to counter what he says are decades of unfair trade practices and ill-advised trade agreements that have robbed the U.S. of revenue and jobs. During his first year as president, Trump withdrew from the Trans Pacific Partnership and threatened to tear up the North American Free Trade Agreement with Mexico and Canada unless changes are made.

"Our jobs and wealth are being given to other countries that have taken advantage of us for years," Trump said Saturday on Twitter. "They laugh at what fools our leaders have been. No more!"

Some free-trade proponents hope Trump will reverse himself, much as the president has done on issues such as gun control and keeping U.S. troops in Afghanistan. But the media stops by Ross and Navarro suggest that the president plans to press ahead despite opposition from close allies, fellow Republicans, and even some members of his administration, including Gary Cohn, director of the National Economic Council.

Responding to a question on whether Cohn might quit in response to the tariff decision, Navarro said it's "up to Gary whether he goes or stays."

Foreign officials threatened retaliation for the new tariffs, including European Commission President Jean-Claude Juncker, who said the bloc would target imports of U.S. merchandise like Harley-Davidson motorcycles and Levi Strauss jeans.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.