The White House said steel and aluminum imports will be exempt from reciprocal tariffs, according to Bloomberg. The decision relieves U.S. buyers already paying 25% duties on these widely used metals. The move suggests the administration is granting some flexibility to key metals markets central to Trump’s trade agenda. Imports of gold and copper were also included in the exemption. For more coverage on tariffs and how they impact your portfolio, visit benzinga.com.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02The way I said steel and aluminum imports will be exempt from reciprocal tariffs, according to
00:06Bloomberg. The decision provides some relief to U.S. buyers already paying 25 percent duties on
00:11these widely used metals. The move suggests the administration is granting some flexibility
00:16to key metals markets that have been central to Trump's trade agenda.
00:20Imports of gold and copper were also included in the exemption.
00:24For more coverage on tariffs and on the impact of portfolio, please visit Benzinga.com.
00:29For all things money, visit Benzinga.com.