Trump team aims to narrow scope of metals tariffs - News Summed Up

Trump team aims to narrow scope of metals tariffs


Trump team aims to narrow scope of metals tariffsBloombergThe administration of US President Donal Trump is working to narrow its broad tariffs on steel and aluminum products that companies find difficult to calculate and the EU wants reined in as part of its pending trade deal with the US, a person familiar with the matter said. The White House has communicated to companies that adjustments are in the works, but details and timing remain unclear, the person said. Trump last year imposed a 50 percent levy on foreign steel and aluminum in a measure aimed at Chinese overcapacity. Ending or curtailing the derivative tariffs would be a positive step for the US-EU trade accord. The EU still faces a 50 percent US duty on steel and aluminum exports, as well as on many other derivative products.


Source: Taipei Times February 13, 2026 17:15 UTC



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