Trump plans to roll back tariffs on metal and aluminium goods
FT
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Donald Trump is planning to scale back some tariffs on steel and aluminium goods as he battles an affordability crisis that has sapped his approval ratings ahead of Novembers midterm elections.
The US president hit steel and aluminium imports with tariffs of up to 50 per cent last summer, and has expanded the taxes to a range of goods made from those metals including washing machines and ovens.
But his 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, according to three people familiar with the matter.
The people said trade officials in the commerce department and US trade representatives office believed the tariffs were hurting consumers by raising prices for goods such as pie tins and food and drink cans.
Trumps tariff blitz has pushed US duties to their highest level since before the second world war. But the president has repeatedly walked back some of his stiffest levies amid voter anger at the USs affordability crisis.
Trump plans to roll back tariffs on metal and aluminium goods ft.trib.al/qYAij1N
— Financial Times (@financialtimes.com) 2026-02-13T05:17:08.722942Z