Trump's steel and aluminum tariffs take effect

China and Japan hit while South Korea, EU and Canada exempted

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A steel mill in Dalian, China

TAKESHI KAWANAMI, Nikkei staff writer

WASHINGTON/TOKYO -- Brushing aside international outcries, Donald Trump has let his controversial steel and aluminum tariffs take effect. The U.S. president says the import taxes will help his country reduce its trade deficit and create American jobs.

Others believe the tariffs, 25% on steel imports and 10% on aluminum, are a ploy to encourage more trade partners to come to the deal-making table.

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