# Trump sets steel and aluminum tariffs but exempts Canada, Mexico

> The Trump administration set steel and aluminum tariffs while exempting Canada and Mexico. Century Aluminum shares fell 7.5 percent, and the Canadian dollar and Mexican peso gained slightly against the dollar.

- Date: 2018-03-09 · published 2018-03-09T12:00:00.000Z
- Category: trade · region North America · magnitude medium
- Page: https://feedsoft.ai/events/66223-trump-sets-steel-and-aluminum-tariffs-but-exempts-canada-mexico
- Commodities: [Mexican Peso (MXN per USD)](https://feedsoft.ai/c/USDMXN.md), [Canadian Dollar (CAD per USD)](https://feedsoft.ai/c/USDCAD.md)

## Why it matters

The exemption limits near-term retaliation risk for North American agricultural trade, though broader tariff actions could still provoke retaliation affecting US feed grain exports.

## Read by commodity

- USDCAD: bearish ▼
- USDMXN: bearish ▼

## Sources

- reuters.com: https://www.reuters.com/article/world/trump-sets-steel-and-aluminum-tariffs-but-exempts-canada-mexico-idUSKCN1GK097/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.