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Trump says no exemptions on US steel and aluminum tariffs

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

Last month, Trump raised tariffs on imports of steel and aluminum to a flat 25%, 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 says reciprocal duties on US trading partners will come alongside auto duties.

“In certain cases, both,” Trump says when asked if he will be imposing sectoral and reciprocal tariffs on 2 April.

“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 says.

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

(Source: Reuters)

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