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    Home»Commodities News»Trump Stands Firm on Steel and Aluminum Tariffs, No Exemptions Planned
    Commodities News

    Trump Stands Firm on Steel and Aluminum Tariffs, No Exemptions Planned

    Daniel ChangBy Daniel ChangApril 14, 2025Updated:April 21, 202505031 Min Read
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    Trump Stands Firm on Steel and Aluminum Tariffs, No Exemptions Planned
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    ABOARD AIR FORCE ONE – Former U.S. President Donald Trump reaffirmed his stance on steel and aluminum tariffs, stating that no exemptions would be granted. He also confirmed that reciprocal and sectoral tariffs would take effect on April 2.

    Last month, Trump raised tariffs on steel and aluminum imports to 25% across the board, aiming to boost domestic industries. The move intensified trade tensions with key U.S. partners.

    Speaking to reporters aboard Air Force One, Trump said reciprocal duties would be introduced alongside tariffs on autos. “In some cases, both,” he explained when asked about sectoral and reciprocal tariffs. “They charge us, and we charge them. On top of that, additional tariffs will apply to autos, steel, and aluminum.”

    Trump had previously stated that these tariffs would be imposed on all trading partners, regardless of diplomatic ties, starting in early April.

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    Daniel Chang

    Daniel Chang's passion for finance and technology has driven his career in the financial markets. With a background in both quantitative analysis and market strategy, Daniel excels at breaking down complex market movements into actionable insights. He has worked with leading financial institutions and trading platforms, where he has contributed to the development of innovative trading tools and educational content.

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