Trump trade adviser sees business exemptions for new tariffs
A top trade adviser to U.S. President Donald Trump said on Sunday a process will be in place for businesses to get exemptions from the White House plan to place steep tariffs on steel and aluminum, offering the first indication a tariff hike could be less broad than first thought. Peter Navarro, director of the White House National Trade Council, said countries will not be excluded from the tariffs because that would become a slippery slope, but there will be a mechanism for corporate exemptions in some cases. “There will be an exemption procedure for particular cases where we need to have exemptions, so that business can move forward,” Navarro said on CNN’s “State of the Union” program.
Source:: https://finance.yahoo.com/news/trump-spoken-world-leaders-no-135249540.html
