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Trump to Review Metals Tariffs Amid Rising Living Costs

2/13/2026

Center

Trump Reviews Tariffs

U.S. Treasury Secretary Scott Bessent said changes to metals tariffs will be decided by U.S. President Donald Trump to clarify incidental items.
The Financial Times reported the Trump administration may review and exempt items from 50% steel and aluminum tariffs.
The American Iron and Steel Institute urged maintaining the tariffs, citing national-security risks from excess capacity in China.
The tariff discussions come as living costs rise ahead of mid-term elections.

Left

Pressley Advocates Tariff Exemptions

Rep. Ayanna Pressley pressed Treasury Secretary Scott Bessent on the economic impact of U.S. President Donald Trump's tariffs, citing higher Black unemployment and a $37 billion GDP loss, and urging a report by March 6.
Pressley criticized the lack of tariff exemptions for baby products, which have seen price increases due to the tariffs.
Treasury Secretary Scott Bessent committed to advocating for these exemptions and to taking immediate action.

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Trump Reviews Tariffs

U.S. Treasury Secretary Scott Bessent said changes to metals tariffs will be decided by U.S. President Donald Trump to clarify incidental items.
The Financial Times reported the Trump administration may review and exempt items from 50% steel and aluminum tariffs.
The American Iron and Steel Institute urged maintaining the tariffs, citing national-security risks from excess capacity in China.
The tariff discussions come as living costs rise ahead of mid-term elections.

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