ksgf-website-shows-12

On Air

Red Eye Radio

Mon - Friday: 1:00 AM - 6:00 AM Saturday: 1:00 AM - 5:00 AM

Trump plans to roll back some tariffs on metal and aluminium goods, FT reports

Trump plans to roll back some tariffs on metal and aluminium goods, FT reports

Trump plans to roll back some tariffs on metal and aluminium goods, FT reports

  • Home
  • News Daypop
  • Trump plans to roll back some tariffs on metal and aluminium goods, FT reports
1770962715424215bu4eruyiua485412

Feb 13 (Reuters) – U.S. President Donald Trump is planning to scale back some tariffs on steel and aluminium goods, the Financial Times reported on Friday, citing people familiar with the matter.

Trump hit steel and aluminium imports with tariffs of up to 50% last year including the country rate on the non-steel and non-aluminum content.

The administration is now reviewing the list of products affected by the levies and plans to exempt some items, halt the expansion of the lists and instead launch more targeted national security probes into specific goods, the report added. 

Reuters could not immediately verify the report.

(Reporting by Devika Nair in Bengaluru; Editing by Jamie Freed and Muralikumar Anantharaman)

Brought to you by www.srnnews.com

Recommended Posts

Loading...