Trump confirms no exemptions for steel and aluminum tariffs

President Trump announced there will be no exemptions from steel and aluminum tariffs, effective April 2. He stated that additional tariffs will also be imposed on autos and other sectors, aiming to address trade imbalances. Trump emphasized that the tariffs are part of a broader strategy to boost U.S. industry. He claimed that billions have already entered the U.S. economy since the tariffs began. The tariffs have already led to retaliatory measures from Canada and Europe. Concerns are rising about potential price increases for American consumers and the impact on the U.S. economy.