The Charlie Kirk Show Noon - 2:00pm

Listen Live

Search

US May Reduce Steel, Aluminum Tariffs in Coming Weeks: Report

Tuesday, February 24, 2026 at 10:45 AM

European Union officials anticipate the United States will reduce tariffs on products containing steel and aluminum within the next few weeks, according to Bloomberg News. The potential reduction could help ease tensions in trade relations between the US and Europe.

Officials from the European Union anticipate that the United States will reduce tariffs on products containing steel and aluminum in the coming weeks, according to a Bloomberg News report published Tuesday that cited sources with knowledge of the situation.

The expected tariff reductions would help reduce a significant point of tension in trade relations between the United States and Europe, the report indicated.

According to the Bloomberg report, the anticipated modifications would not impact tariffs applied to basic commodity forms of these metals.

Reuters was unable to confirm the Bloomberg report independently.

This development occurs amid growing uncertainty surrounding broader trade negotiations, particularly following a recent U.S. Supreme Court decision that restricted the current administration’s authority to use emergency powers for implementing extensive “reciprocal” tariffs. This ruling has created doubt about the possibility of reaching a comprehensive trade agreement between Washington and Brussels.

Share

More from TV Delmarva Channel 33 News

  • California Moves to Block Amazon’s Alleged Price-Fixing Scheme

    California's attorney general has filed for a court order to halt Amazon's alleged practice of pressuring sellers to avoid offering lower prices on competing websites. The state claims Amazon threatens to cut off merchant access to key selling features if they don't comply with price demands.

  • French Officials Ban US Ambassador After Embassy Comments on Political Violence

    France's foreign minister temporarily banned US Ambassador Charles Kushner from meeting with government officials after the American embassy commented on a deadly political incident. Kushner later called to apologize and affirm he didn't intend to interfere in French affairs.

  • Eagles Coach Uncertain About A.J. Brown’s Future with Team

    Philadelphia Eagles head coach Nick Sirianni acknowledged he cannot promise that star wide receiver A.J. Brown will remain with the team next season. Despite Brown's consistent 1,000-yard seasons and mutual interest in staying, trade speculation continues following the player's public frustration with the offense.

  • AI Company Anthropic Launches Business Tools, Sparks Market Recovery

    San Francisco-based AI company Anthropic introduced 10 new business applications for investment banking, wealth management, and human resources on Tuesday. The announcement helped technology stocks rebound after recent AI-related selloffs that hammered traditional software companies.