President Donald Trump said Thursday he was enacting steel and aluminum tariffs, capping off a week’s worth of controversy over his plans to impose the new trade penalties.

The tariffs — 25 percent on imported steel and 10 percent on imported aluminum — will take effect on March 23, the administration said. Mexico and Canada will receive immediate exemptions in the context of the ongoing NAFTA renegotiation, though it was unclear how long those exceptions might last.

Source: NBC News

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