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Trump allows targeted relief on steel, aluminium quotas - Commerce Department

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By Reuters
Trump allows targeted relief on steel, aluminium quotas - Commerce Department
FILE PHOTO: U.S. President Donald Trump listens to a question during an interview with Reuters in the Oval Office of the White House in Washington, U.S. August 20, 2018. REUTERS/Leah Millis/File Photo   -   Copyright  Leah Millis(Reuters)

WASHINGTON (Reuters) – U.S. President Donald Trump has signed proclamations permitting targeted relief from steel and aluminium quotes from some countries, the U.S. Commerce Department said on Wednesday.

Trump, who put in place tariffs on steel and aluminium imports in March, signed proclamations allowing relief from the quotas on steel from South Korea, Brazil and Argentina and on aluminium from Argentina, the department said in a statement.

“Companies can apply for product exclusions based on insufficient quantity or quality available from U.S. steel or aluminium producers,” the statement said. “In such cases, an exclusion from the quota may be granted and no tariff would be owed.”

(Reporting by David Alexander; Editing by Sandra Maler)