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Aluminum drops as Trump moves to narrow levies on metal products
Aluminum fell along with other metals as traders reacted to a possible reduction in the scope of US import tariffs on some aluminum and steel products. Prices fell as much as 2.7% on the London Metal Exchange, extending initial losses after the Financial Times reported that President Donald Trump is planning to roll back some levies on concerns the duties are hurting consumers. The White House has communicated to companies that adjustments to levies on derivative metal products are in the works, Bloomberg reported later. Treasury Secretary Scott Bessent downplayed any rollback. Trump doubled import tariffs on ... (full story)
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- Feb 13, 2026 11:30am Posted byFundamental Analysis245
