By William Mauldin 

U.S. companies looking to bypass President Donald Trump's import tariffs on steel and aluminum will have a limited chance to win exclusions for their products under a set of guidelines released Friday.

Mr. Trump said this month he would impose tariffs of 25% on steel products and 10% on aluminum, citing national-security considerations.

Domestic steel and aluminum producers applauded the tariffs, but users of the metals have complained the duties will raise prices. Foreign governments have threatened to retaliate against other U.S. industries and challenge the tariffs at the World Trade Organization.

Canada and Mexico are exempted from the tariffs for now, and other U.S. allies and trading partners are seeking to gain exemptions before the tariffs are imposed in as little as a week.

Meanwhile, companies that buy imported steel and aluminum are looking for exceptions for the products they use, too. Mr. Trump's trade advisers have signaled they want to limit the amount of metal products excluded from the tariffs in hopes of persuading U.S. companies to ramp up production of those goods.

The Commerce Department said Friday only U.S.-based individuals and organizations could apply for the exclusions, in a process that will take 90 days or longer.

"An exclusion will only be granted if an article is not produced in the United States in a sufficient and reasonably available amount, is not produced in the United States in a satisfactory quality, or for a specific national security consideration," the Commerce Department said.

After metal-consuming firms apply for exclusions, other companies--including domestic steel and aluminum producers--have 30 days to post an objection to the original request. Companies including auto-parts producers worried about rising steel costs and brewers concerned about aluminum for cans are expected to seek exclusions.

Tariff exclusions, if granted, would last only one year. Supporters of Mr. Trump's tariffs say a required renewal on a set schedule allows domestic producers the chance to start making a largely imported type of steel or aluminum in sufficient quantities to supply domestic users.

Commerce Secretary Wilbur Ross is set to answer questions about the tariffs at a public House committee hearing Thursday, a day before they are expected to take effect.

The Trump administration's tariff push has generated complaints from many GOP lawmakers worried about economic damage or retaliation from abroad.

The European Union on Friday published a 10-page retaliation plan with American products ranging from bourbon to cranberries, orange juice, steel, motorcycles and denim. The potential targets that would face EUR2.8 billion ($3.4 billion) in duties if the U.S. doesn't exclude the 28-member bloc.

Emre Peker in Brussels contributed to this article.

Write to William Mauldin at william.mauldin@wsj.com

 

(END) Dow Jones Newswires

March 16, 2018 22:47 ET (02:47 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.