Trump Schedules Meeting On Tariffs as Market Watches For Signs of Exemptions For Canada and Mexico
Image Credits: Gage Skidmore / Flickr.
President Donald Trump said Thursday morning there will be a meeting at the White House regarding the U.S. steel and aluminum industries.
The announcement, which came in a tweet, comes as markets watch for more concrete signs that Mexico and Canada would be exempted from the aluminum and steel tariffs Trump unveiled in a surprise announcement a week ago.
Trump is considering a 30-day exemption for Canada and Mexico, which would be tied to negotiations on the North American Free Trade Agreement, two sources familiar with the planning told CNBC. The president has repeatedly threatened to pull out of the 1994 pact if negotiators do not figure out a way to overhaul it.
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