{"id":631116,"date":"2018-03-11T03:55:23","date_gmt":"2018-03-11T03:55:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/trump-signs-steel-tariffs-into-law-exempts-mexico-and-canada\/"},"modified":"2018-03-11T03:55:23","modified_gmt":"2018-03-11T03:55:23","slug":"trump-signs-steel-tariffs-into-law-exempts-mexico-and-canada","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/11\/trump-signs-steel-tariffs-into-law-exempts-mexico-and-canada\/","title":{"rendered":"Trump signs steel tariffs into law, exempts Mexico and Canada"},"content":{"rendered":"

US President Donald Trump signed on Thursday an order imposing 25% tariffs on steel imports and 10% tariffs on aluminum imports from all countries<\/strong> except Mexico and Canada, according to The Wall Street Journal (paywall)<\/a>. \u201cIn announcing the measures, the president outlined his broader trade agenda, including rewriting existing U.S. pacts and a continuing sweeping investigation of Chinese trade practices, issuing a veiled threat that even bigger penalties are looming against Beijing.\u201d However, Trump also signaled that the tariff policy is open to more exemptions \u2014 including for the US\u2019 military allies \u2014 after his initially unwavering position pushed White House National Economic Council director Gary Cohn to resign last week.<\/p>\n

Egypt may end up losing USD 178 mn in profits thanks to the tariff hikes<\/strong>, Sputnik reported<\/a>, citing El Watan. A source in the Trade and Industry Ministry told the daily that Cairo was considering asking the US for an exemption.<\/p>\n","protected":false},"excerpt":{"rendered":"

US President Donald Trump signed on Thursday an order imposing 25% tariffs on steel imports and 10% tariffs on aluminum imports from all countries except Mexico and Canada, according to The Wall Street Journal (paywall). \u201cIn announcing the measures, the president outlined his broader trade agenda, including rewriting existing U.S. pacts and a continuing sweeping […]<\/p>\n","protected":false},"author":1,"featured_media":631117,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-631116","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"e5de462c-c2b1-4b3f-ac6d-30cb78bb8d8f","order":"0","is_powered_by":true,"section_story_id":"71132a7e-e5e5-41c4-879f-72e269f5fa61","story_type":"1","photo_url":"https:\/\/ent.news\/2018\/3\/807.jpg","photo_position":"above","related_issue":[631093],"teaser":"","voice_url":""},"yoast_head":"\nTrump signs steel tariffs into law, exempts Mexico and Canada - 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The move came on the recommendation of the US Commerce Department last\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632685,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/18\/us-commerce-dept-recommends-imposing-tariffs-on-steel-imports-from-egypt-11-others\/","url_meta":{"origin":631116,"position":1},"title":"US Commerce Dept. recommends imposing tariffs on steel imports from Egypt, 11 others","author":"enterpriseam admin","date":"18 February 2018","format":false,"excerpt":"US looks to impose heavy tariffs on steel imports from Egypt, 11 others: The US Commerce Department has put Egypt in a list of 12 countries that it recommends the Trump administration slap with import tariffs on steel. Egypt joins Brazil, China, Costa Rica, India, Malaysia, Russia, South Korea, South\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":622476,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/10\/02\/us-and-canada-agree-on-new-trade-pact\/","url_meta":{"origin":631116,"position":2},"title":"US and Canada agree on new trade pact","author":"enterpriseam admin","date":"2 October 2018","format":false,"excerpt":"US and Canada strike new trade pact: The US and Canada made their Sunday night deadline, reaching a breakthrough in negotiations over a new trade agreement to replace the 1994 North American Freetrade Agreement (NAFTA). Mexico and the US had agreed in August to renegotiate the terms of the NAFTA,\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":660747,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/17\/trumps-reciprocal-tariff-drive-is-throwing-international-firms-for-a-loop\/","url_meta":{"origin":631116,"position":3},"title":"Trump\u2019s reciprocal tariff drive is throwing international firms for a loop","author":"enterpriseam admin","date":"17 February 2025","format":false,"excerpt":"Many see Trump\u2019s tariff threats as a blunt protectionist measure, others believe they could serve as a negotiation tactic","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1604.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":659946,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/04\/markets-react-to-the-impending-trump-tariffs\/","url_meta":{"origin":631116,"position":4},"title":"Markets react to the impending Trump tariffs","author":"enterpriseam admin","date":"4 February 2025","format":false,"excerpt":"Markets aside, the tariffs will have a broader economic impact, possibly hurting the economies of the US and its neighbors","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/236.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":660400,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/11\/trumps-steel-aluminum-tariffs-plan-sees-non-us-metal-stocks-fall-and-us-steel-stocks-rise\/","url_meta":{"origin":631116,"position":5},"title":"Trump\u2019s steel, aluminum tariffs plan sees non-US metal stocks fall and US steel stocks rise","author":"enterpriseam admin","date":"11 February 2025","format":false,"excerpt":"Analysts are warning of stagflation risks as Trump's new trade war escalation fuels market uncertainty","rel":"","context":"In "PLANET FINANCE"","block_context":{"text":"PLANET FINANCE","link":"https:\/\/enterpriseam.com\/egypt\/planet-finance\/\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/927.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/631116","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=631116"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/631116\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/631093"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/631117"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=631116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=631116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=631116"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=631116"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=631116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}