White House says tariff rollback reports ‘speculation’ unless announced
Global News
'Unless officially announced by the administration, however, any reporting about changes to our current tariff regime is baseless speculation.'
Recent media reports that U.S. President Donald Trump plans to roll back tariffs on steel and aluminum are “baseless speculation” unless he announces it, a White House official says.
The White House released a statement Friday morning addressing a report citing sources who spoke to The Financial Times and said Trump was considering the change.
“President Trump will never compromise on reinvigorating the domestic manufacturing that is critical to our national and economic security, especially steel and aluminum production,” the White House official said on background.
“The Trump administration is accordingly implementing a nimble and nuanced tariffs agenda to most effectively reshore steel, aluminum, and other key manufacturing back to the United States — American steel production overtaking Japan’s for the first time since 1999 is proof of this agenda’s growing success.”
“Unless officially announced by the administration, however, any reporting about changes to our current tariff regime is baseless speculation.”
Canada is the subject of multiple rounds of U.S. tariffs, including sector-specific tariffs on steel and aluminum, as well as other industries.
Trump called Canada “among the worst in the World to deal with” on social media Wednesday as the U.S. House of Representatives voted to pass a motion against his tariffs on Canada.
Trump is expected to veto that motion, which received bipartisan support.
The anniversary coincides with the release of a joint statement by five European countries that said Navalny was poisoned by the Kremlin with a rare and lethal toxin.
'The Board of Peace will prove to be the most consequential International Body in History, and it is my honor to serve as its Chairman,' Trump said
French President Emmanuel Macron also told the Munich Security Conference that Europe had to become a geopolitical power given the Russian threat would not disappear.
Kathy Ruemmler from Goldman Sachs is one of the latest to leave her job after connections to Jeffrey Epstein were uncovered.
'Unless officially announced by the administration, however, any reporting about changes to our current tariff regime is baseless speculation.'
Anthropic was founded in 2021 by a breakaway group of former OpenAI employees who pledged to design a more safety-centric approach to AI development.
Venezuela’s acting president said Nicolás Maduro remains the country’s ‘legitimate’ leader, despite being held in the U.S. on charges of federal drug trafficking.
Laegreid's ex-girlfriend said she has been in contact with her former partner and that he is aware of her opinion on the situation.
Tuesday afternoon's mass school shooting in Tumbler Ridge, B.C., has been called 'one of the worst mass shootings' in Canada, minister says.
The suspension of Air Canada flights to Cuba after the country warned airlines of a fuel shortage marks the latest blow for the island's economy amid increased U.S. pressure.
With thousands of warm temperature records being broken across the U.S. Midwest this winter, scientists say snow cover and snow depth are at their lowest levels in decades.
Skeleton athlete Vladyslav Heraskevych's helmet showcased pictures of friends killed during Russia's ongoing invasion of Ukraine.
The statement came after U.K. police said that they were 'assessing' reports that the former prince had sent trade reports to Epstein in 2010.