Donald Trump trade adviser talks tariff exemptions

EU weighs tariffs on bourbon blue jeans Harley-Davidson

Ross went on national television Sunday to talk down the European Union threat.

British Prime Minister Theresa May said she raised her "deep concern" over the tariffs in a phone call with Trump on Sunday, her office said.

He said that he has not heard Trump describe particular exemptions just yet, adding that the USA president has had conversations with a number of world leaders.

"Any new broad-based tariffs on imported tin plate steel - an insufficient amount of which is produced in the US - will result in higher prices on one of the safest and more affordable parts of the food supply".

Ross said there was no indication yet that Trump would consider exemptions for countries, but he did not rule it out.

"We shall see. We shall see".

If you think a country where few people can name the president and that president possesses little to no power sounds like some sort of Third World, dysfunctional backwater; think again. They have been talking with me. "We'll see. The president makes the decisions", he said.

But White House trade advisor Peter Navarro claimed Americans would not mind paying price hikes, which he insisted would be small.

Canada, the biggest steel supplier to the United States, is trying to secure an exemption from potential USA tariffs on steel and has threatened retaliation if the plan goes ahead.




"There will be an exemption procedure for particular cases where we need to have exemptions, so that business can move forward", Mr Navarro said on CNN's State of the Union program. "They flood the world market with this product and that ripples down to our shores and to other countries", he said.

"The notion that it would destroy a lot of jobs, raise prices, disrupt things, is wrong", Commerce Secretary Wilbur Ross said on ABC's "This Week".

Josh Bolten, chief executive officer of the influential Business Roundtable, told Fox News Sunday program the tariffs would cause "huge damage" across the economy without affecting China.

The commerce secretary dismissed European Union threats of retaliatory tariffs on flagship American products, including Harley Davidson motorcycles, bourbon and Levi's jeans, calling the $US3 billion ($3.87 billion) in affected goods a "pretty trivial" amount.

A number of Trump's fellow Republicans, including congressional leaders, have urged him to hold back on the tariffs.

"Any new broad-based tariffs on imported tin plate steel - an insufficient amount of which is produced in the US - will result in higher prices on one of the safest and more affordable parts of the food supply", a spokesperson said.

The tariffs have to be "broad" and "global in reach", Ross said, in order to solve the problem at hand, in which excess steel is dumped into the global market, hurting prices.

"You are letting China off the hook". Our Steel and Aluminum industries are dead.

The European Union has said it is drawing up measures against leading United States brands like Harley-Davidson and Levi's jeans, while China warned it "won't sit idly by" if its interests are hurt.

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