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Trump announces stiff trade tariffs, unswayed by warnings

Trump announces stiff trade tariffs, unswayed by warnings

WASHINGTON — Unswayed by Republican warnings of a trade war, President Donald Trump ordered steep new tariffs on steel and aluminum imports to the U.S. on Thursday, vowing to fight back against an "assault on our country" by foreign competitors.

The president said he would exempt Canada and Mexico while negotiating for changes to the North American Free Trade Agreement .

The new tariffs will take effect in 15 days, with Canada and Mexico indefinitely exempted "to see if we can make the deal," Trump said. NAFTA talks are expected to resume early next month.

"The American aluminum and steel industry has been ravaged by aggressive foreign trade...

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