US’ Trade Adviser Navarro: US mulls quotas on steel, aluminum after extending deadline

White House Trade Adviser Peter Navarro told steel industry executives late on Tuesday, via Reuters, the US officials are considering quotas and “other restrictions” on steel and aluminum imports.

This came after the White House announced an extension of tariff exemptions for Canada, Mexico and the European Union (EU) until June 1.

Navarro noted: “We will have quotas and other restrictions to make sure that we defend our industries in the interest of national security.”