Trump lifts tariffs on aluminium imports from UAE

SourceKhaleej Times
SectorEconomy
CountryUAE

Outgoing President Donald Trump on Wednesday said he would exempt the UAE from a 10 per cent tariff imposed on most aluminium imports in 2018, saying the two countries had reached a quota agreement that would restrict aluminium imports. In a proclamation issued by the White House shortly before the inauguration of President-elect Joe Biden, Trump said the agreement was reached given the important security relationship that existed between the two countries. UAE joins Argentina, Australia, Canada and Mexico, which have also been excluded from the aluminum tariffs. ...read more...