Washington: The US is weighing a plan to reduce tariffs on certain imported steel and aluminium products, signaling a possible adjustment to its trade policy.

The Financial Times first reported that the White House is exploring plans to scale back certain duties on metal imports. Reuters said it could not independently confirm the report at the time, and no official announcement has yet been made.

Steel and aluminium tariffs have been a key part of Trump’s economic policy. The measures were designed to support American producers and reduce reliance on foreign metals. In 2025, duties on some steel and aluminium imports were increased significantly and expanded to cover additional products.

However, the tariffs have also raised costs for manufacturers, construction companies, and automakers that depend on imported metals. Industry groups have warned that higher prices are affecting production costs and competitiveness.

The measures have also strained trade relations with allies including Canada, Mexico, and European countries, which responded with retaliatory tariffs and strong criticism. Economists say the duties have contributed to supply chain disruptions and price pressures in global markets.

Analysts believe the reported policy adjustment could be aimed at easing pressure on domestic industries, stabilizing markets, and improving trade ties while negotiations continue with international partners.

If the tariffs are reduced, manufacturers could benefit from lower input costs and global metal prices may stabilize. At the same time, domestic metal producers could face increased competition from foreign suppliers.

Details of the proposal remain unclear, including which products would be affected and whether any reductions would be temporary or permanent.

The White House has not issued an official statement, and further clarity is expected as trade discussions continue.