President Trump’s Tariff Decision: 3 Possible Scenarios

As quoted by CNBC, the statement on the exemptions on April 30 said, “The Administration is also extending negotiations with Canada, Mexico, and the European Union for a final 30 days. In all of these negotiations, the Administration is focused on quotas that will restrain imports, prevent transshipment, and protect the national security.” Let’s see what could happen to Section 232 exemptions now. Case one: The Trump administration could announce quotas on the European Union while extending the deadline for Canada and Mexico.