US President Donald Trump has spoken to world leaders about his planned tariff hikes on steel and aluminium and is not considering any exemptions to the measure, Commerce Secretary Wilbur Ross said on Sunday. "I know he's had conversations with a number of the world leaders," Ross said in an interview with ABC's "This Week. ""The decision obviously is his, but as of the moment, as far as I know, he's talking about a fairly broad brush. "In our size economy that's a tiny, tiny fraction of 1 percent," Ross said. "So while it might affect an individual producer for a little while, overall it's not going to be much more than a rounding error."

Source: Economic Times March 04, 2018 14:48 UTC