U.S. Trade Representative Robert Lighthizer speaks at the 9th China Business Conference at the U.S. Chamber of Commerce in Washington, Tuesday, May 1,...
U.S. Trade Representative Robert Lighthizer speaks at the 9th China Business Conference at the U.S. Chamber of Commerce in Washington, Tuesday, May 1, 2018. The U.S. Chamber of Commerce and AmCham China are hosting the event. The U.S. has threatened to impose tariffs on $150 billion of Chinese goods in retaliation for what it argues are Beijing's unfair trade practices and its requirement that U.S. companies turn over technology in exchange for access to its market. China has said it would subject $50 billion of U.S. goods to tariffs if the U.S. taxes its products. A delegation led by Treasury Secretary Steven Mnuchin, Lighthizer and trade adviser Peter Navarro will visit Beijing for negotiations later this week. (AP Photo/Cliff Owen)
WASHINGTON (AP) — The White House's on-again, off-again tariffs are heightening uncertainty for U.S. companies that buy steel and aluminum and the foreign companies that supply them.
And major American allies, from Europe to Canada and Mexico, are signaling increasing resentment.
Delivering its second reprieve for steel and aluminum imports, the Trump administration late Monday postponed the tariffs that had been set to take effect Tuesday. But it decided to limit the delay to 30 days. After that, no one knows what the administration will do.
"It's nice to have a little breather," said John McDonald, an executive at Trans-Matic Manufacturing, a supplier of precision metal components in Nashville, Tennessee, which buys $16.5 million in steel annually, some from Finland, the Netherlands, Russia and Taiwan. But "the uncertainty is going to continue."