U.S. to announce new steel deal with South Korea when temporary exemptions end on May 1

내일 美 '무역법' 철강관세 면제 확정…쿼터 시행은 더 걸려 The temporary exemptions the U.S. granted, on its new steel and aluminum import tariffs ends on Tuesday. And it seems only South Korea has reached a deal for a full exemption. Seoul's trade ministry confirmed on Monday Washington is expected to announce the details of the exemption, which comes in exchange for limiting imports of Korean steel by 30-percent. However, it's unclear when that quota will come into force, as Washington is still negotiating with the EU and other countries like Canada and Mexico. The limits will only come into force once quotas agreements are agreed with all target nations. Arirang News Facebook: http://www.facebook.com/arirangtvnews ------------------------------------------------------------ [Subscribe Arirang Official YouTube] ARIRANG TV: http://www.youtube.com/arirang ARIRANG RADIO: http://www.youtube.com/Music180Arirang ARIRANG NEWS: http://www.youtube.com/arirangnews ARIRANG K-POP: http://www.youtube.com/arirangworld ARIRANG ISSUE: http://www.youtube.com/arirangtoday ARIRANG CULTURE: http://www.youtube.com/arirangkorean ARIRANG FOOD & TRAVEL : http://www.youtube.com/ArirangFoodTravel ------------------------------------------------------------ [Visit Arirang TV Official Pages] Facebook: http://www.facebook.com/arirangtv Twitter: http://twitter.com/arirangworld Instagram: http://instagram.com/arirangworld Homepage: http://www.arirang.com ------------------------------------------------------------ [Arirang K-Pop] YouTube: http://www.youtube.com/arirangworld Facebook: http://www.facebook.com/arirangkpop Google+: http://plus.google.com/+arirangworld