Olusegun Ariyo
President Donald Trump of the United States said he has no intention of creating exemptions on steel and aluminum tariffs.
Trump stated that reciprocal and sectoral tariffs will be imposed on April 2.
It could be recalled that last month, Trump raised tariffs on imports of steel and aluminum to a flat 25%, without exemptions or exceptions.
This was in a move that was designed to help US industry while contributing to an escalating trade war.
The US president, while speaking to reporters on Air Force One, said reciprocal duties on US trading partners would come alongside auto duties.
“In certain cases, both. They charge us, and we charge them. Then, in addition to that, on autos, on steel, on aluminum, we’re going to have some additional,” he said.
The Republican has said previously that he would impose reciprocal tariffs on US friends and foes alike at the beginning of April.
