WSJ report

Trump won't exclude anyone from steel and aluminum imports, according to the Wall Street Journal.

They cited a senior White House official.

"The president made clear these would be across-the-board tariffs with no exclusions," the White House official told reporters. "One problem with exclusions is that it's a slippery slope. Where do you stop?"

For me, a big part of the rebound in stock and sentiment late Friday was the hope there would be exemptions.