Back to today’s briefing

Story perspectives

Trump Considers Tariff Cuts Amid Rising Prices and Disapproval

2/14/2026

48 5 Full Breakdown

Summary

Story summary

U.S. President Donald Trump plans to reduce some steel and aluminum tariffs due to rising prices ahead of the November midterms.
Tariffs, imposed last summer at up to 50%, have significantly affected the auto sector and consumer goods.
A poll shows 59% of Americans disapprove of Trump's handling of living costs.
The administration will review which products to exempt from tariffs and seek to simplify the current tariff system.

1 of 1

Story summary

U.S. President Donald Trump plans to reduce some steel and aluminum tariffs due to rising prices ahead of the November midterms.
Tariffs, imposed last summer at up to 50%, have significantly affected the auto sector and consumer goods.
A poll shows 59% of Americans disapprove of Trump's handling of living costs.
The administration will review which products to exempt from tariffs and seek to simplify the current tariff system.