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President Donald Trump on Monday removed the exceptions and exemptions from his 2018 tariffs on steel, meaning that all steel imports will be taxed at a minimum of 25%. Trump also hiked his 2018 aluminum tariffs to 25% from 10%.
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The move threatens have a big impact in Canada, a major source of the metals in the US.
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The billionaire's attorney, Marc Toberoff, confirmed he submitted the bid for "all assets" of the company on Monday.
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