Mnuchin: Tariffs won't apply to Mexico or Canada if NAFTA renegotiations are successful
"He's not afraid to get into a trade war, although that's not what we want".
The US administration mulls offering Mexico and Canada a 30-day exemption from its new steel and aluminium tariffs, officials told local media on Wednesday.
Mr. Trump said he would delay implementation of the tariff for metals from Canada and Mexico, pending their willingness to "make a deal " to his liking on a revised North American Free Trade Agreement.
The announcement is expected Thursday, according to the report. He discussed the tariffs by telephone on Friday with Prime Minister Malcolm Turnbull of Australia and President Mauricio Macri of Argentina, the White House said. But if no deal is reached in negotiations among the three countries that began in August, "then we're going to terminate NAFTA and we'll start all over again or we'll just do it a different way", Trump added.
"The president can do exemptions and my expectation is there may be some other countries that he considers in the next two weeks", Mnuchin said in an interview with broadcaster CNBC.
Luv Ranjan and T-Series to collaborate on Ajay Devgn starrer
First on their to-do list is the film top-lined by Ajay Devgn and Tabu, directed by film editor Akiv Ali. An official announcement on the upcoming films is expected to be revealed soon.
Stokes to miss Lord's Test against India
He told the three that they must be there in person for the trial, and would remain on bail. Stokes stands accused of affray, alongside two other men, Ryan Ali, 28, and Ryan Hale, 26.
Wenger admits Deeney's jibes were motivation
Mkhitaryan bagged his second goal in successive matches with a low strike that crept under Karnezis in the 77th minute. Arsenal beat AC Milan 2-0 in the first leg of their last 16 clash and take on the Italians at home on Thursday.
He repeated the comment made by the government last week that Canada will take responsive measures if the US goes ahead with the tariffs.
He said, "As the President just announced, Canada is very significant partner that buys steel and sells steel".
Trump linked the exemptions for Canada and Mexico to progress on renegotiating Nafta to favour the United States.
The threat by Trump to implement the tariffs roiled financial markets last week and caused the head of the World Trade Organization to issue a warning on Monday, saying such measures could create risks sending the world into another recession.
But, he said, countries that don't like the sound of that should make him an offer.
Recommended News
-
12 March 2018Ford Mustang brings California Special, rev-matching and more
The next CS will get the 5.0-liter V8, a manual or automatic transmission and a few other unique pieces. Inside are seats with suede trim and embossed "GT/CS" logos and floor mats with embroidered logos.
12 March 2018WWE 'Fastlane' 2018 Results: Will AJ Styles Retain His Title?
As WWE Fastlane approaches, airing Sunday night on WWE Network , the WrestleMania 34 card is slowly starting to take shape. Everyone from Rey Mysterio to Daniel Bryan, Elias to Braun Strowman should be up for speculation, which makes it fun.
12 March 2018"Honor 7C with 5.99" HD+ Display & Snapdragon 450 SoC Goes Official
A 3GB RAM variant of the Honor 7C is priced at 899 Yuan ($142), while the phone's 4GB RAM model costs 1,299 Yuan ($205). The phone is fueled by the Snapdragon 450 64-bit octa-core processor, which is clocked at 1.8GHz. -
12 March 2018Inside Khloé Kardashian's all-pink baby shower
Khloe Kardashian's baby girl will be born with several silver spoons, dripping in Versace and other designer names. The mother of the five sisters, Kris Jenner , completed the group.
12 March 2018US Secretary of State, Tillerson, visits Nigeria today
Events that will be rescheduled include a stop at the site of the 1998 bombing of the US Embassy in Nairobi, Goldstein said. According to the News Agency of Nigeria (NAN), Press Advisory from the U.S.
12 March 2018Sensex up over 250 points, Nifty above 10300-mark
All but three stocks closed lower on the Nifty 50 index, with Bharti Airtel Ltd and ITC Ltd among the top percentage gainers. Meanwhile, the broad based NSE Nifty went up by 194.55 or 1.90% at 10,421.40 with 44 components posting rise. -
12 March 2018Korean leader head to Japan, China on outcome of N. Korea visit
He will head to Russian Federation on Tuesday to do the same for that country's top decision-makers. President Donald Trump that Kim also wished to hold a North Korea-U.S. summit.
12 March 2018Syracuse earns NCAA tournament bid, will play Arizona State Wednesday
Baylor, Iowa State and Oklahoma State were the three teams from the Big 12 that were left out of the field. Despite a rough second half and an early exit in the Pac-12 Tournament, Arizona State is going dancing.
12 March 2018Oklahoma earns a No. 10 seed, will play Rhode Island
Mike Boynton stood inside an empty Gallagher-Iba Arena on Sunday, a crowd of reporters surrounding him. The two teams are part of the Midwest region, playing in the same bracket as overall No. 1 seed Kansas. -
12 March 2018The last person we expected could walk Meghan Markle down the aisle
Channel 4 royal comedy The Windsors is to return for a special edition to mark Harry and Meghan's marriage. Although the royals are sympathetic to Meghan's situation, they are reluctant to break with tradition.
12 March 2018Roger Federer wins rain-delayed match
Sousa eventually prevailed 7-5 5-7 6-4 to set up a third round match against Milos Raonic. The Swiss legend has begun the 2018 season in fine fashion with a ideal 13-0 record.
12 March 2018German energy companies E.ON, RWE agree to swap assets
Uwe Tigges, chief executive officer at innogy, said it would be commenting on announcements from RWE and E.On "in due course". Shares of GKN PLC rose almost 2% after Melrose increased its offer for the company to almost $11.24 billion.
/cdn.vox-cdn.com/uploads/chorus_image/image/58879801/beer_2.0.jpg)
