US Secretary of the Treasury Steven Mnuchin has reportedly asked President Trump to grant an exemption to Canada from the Section 232 tariffs on steel and aluminum imports, according to media sources.
It is reported that Mnuchin told the president that, because the US has a steel trade surplus of $2 billion with Canada, an exemption from the tariffs should be considered.
Last week, Trump announced the imposition of the 25 percent duty on steel imports from Canada, Mexico and the EU, with the removal of exemptions.