Trump says no exemptions on US steel and aluminium tariffs

AFP

US President Donald Trump said he has no intention of creating exemptions on steel and aluminium tariffs and said reciprocal and sectoral tariffs will be imposed on April 2.

In February, Trump raised tariffs on imports of steel and aluminium to a flat 25 per cent, without exemptions or exceptions, in a move that was designed to help US industry while contributing to an escalating trade war.

Speaking to reporters on Air Force One, Trump said reciprocal duties on US trading partners would come alongside auto duties.

"In certain cases, both," Trump said when asked if he would be imposing sectoral and reciprocal tariffs on April 2. "They charge us, and we charge them. Then, in addition to that, on autos, on steel, on aluminium, we're going to have some additional," he said.

Trump has said previously that he would impose reciprocal tariffs on US friends and foes alike at the beginning of April.

More from Business

Coming Up on Dubai Eye

  • The Music Mix

    7:00pm - 11:00pm

    Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need

  • The Music Mix

    11:00pm - 6:00am

    Enjoy your favourite music back to back commercial free, tune in to the Music Mix everyday from 1 until 2 for the music you love and the news updates you need

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!