US President Donald Trump says that Australia and others could be exempt from trade tariffs - in addition to America's neighbors and NAFTA partners Mexico and Canada.
The blow by Brussels came hours after Trump's trade offensive brought the resignation of his top economic advisor Gary Cohn, an influential ex-Goldman Sachs banker who fiercely opposed the measures.
President Donald Trump says the US "will simply apply a tax" on cars made in Europe if the EU retaliates against the trade penalties he's seeking on imports of steel and aluminium.
President Donald Trump says the US would impose tariffs of 25 percent on steel imports and 10 percent on imported aluminium next week, as global leaders mulled taking punitive measures.
The US Commerce Department recommended imposing heavy tariffs on China and other countries to counter a global glut in steel and aluminum, laying out an array of possible options in a report to President Donald Trump.
China fails to agree on deal with major steel producers to fix global crisis
European Union says it is ready to take action if necessary to counter China's steel dumping
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