U.S. President Donald Trump has reaffirmed his stance on steel and aluminum tariffs, stating he has “no intention” of easing the levies. His remarks come as the United States inches closer to a full-scale trade war with major global partners.
Speaking to reporters aboard Air Force One, Trump dismissed the possibility of making exceptions, saying: “No, I have no intention of that.”
Tariffs and Economic Concerns
Since January, the Trump administration has imposed tariffs on various trading partners and imports, including steel and aluminum. These measures have unsettled financial markets, sparking fears of a potential recession in the world’s largest economy.
Trump has doubled down on his commitment to impose reciprocal levies starting April 2, aiming to address what Washington perceives as unfair trade practices. His stance suggests an expansion of targeted products and trading partners in the coming months.
A ‘Liberating Day’ for the U.S.
The president emphasized the economic benefits of these tariffs, stating:
“April 2 is a liberating day for our country. Billions of dollars have already come into our country, and the big money is coming in from April 2.”
With global trade tensions escalating, experts continue to analyze the potential impact of Trump’s tariff policies on industries, employment, and economic growth.