Trump says ‘no intention’ to ease steel, aluminium tariffs

WorldBusiness & Finance
17 Mar 2025 • 1:56 PM MYT
Malay Mail
Malay Mail

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WASHINGTON, March 17 — US President Donald Trump said yesterday he had “no intention” to ease steel and aluminium tariffs as Washington edges towards an all-out trade war with major partners.

Since January, Trump has imposed levies on multiple trading partners and imports — including steel and aluminium — roiling financial markets and fanning fears that his plans could tip the world’s biggest economy into a recession.

The president told reporters aboard Air Force One he did not plan to make exceptions to the tariffs, saying: “No, I have no intention of that.”

He instead doubled down on a pledge to impose reciprocal levies as soon as April 2 to remedy trade practices Washington deems unfair, raising the potential for more products and trading partners to be specifically targeted.

“April 2 is a liberating day for our country,” he said.

“Billions of dollars have already come into our country and the big money is coming in from April 2”. — AFP

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