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English news

21-Mar-2018

UAE seeks exemption from US tariffs on steel and aluminium

The UAE is asking Washington to exempt it from new US tariffs on aluminium and steel and believes it has a strong case, a senior government official said on Tuesday. U.S. President Donald Trump is pressing ahead with imposing import tariffs of 25% on steel and 10% on aluminium, but has already exempted neighbouring Canada and Mexico and offered to exclude allies. The UAE is the third-largest exporter of aluminium to the United States, after China and Russia, and also sells its steel there. Juma al-Kait, assistant undersecretary for foreign trade affairs at the UAE economy ministry, told Reuters that officials were speaking with members of the U.S. administration. 

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