Trump Removes Tariffs on Key Metals, Targets Silicone in Trade Policy Shift

President TRUMP has lifted tariffs on critical metals used in technology, energy, and defense supply chains, effective immediately. The move follows recommendations from U.S. officials and is tied to the national emergency declared in April when Trump first implemented his broad tariff agenda. Tungsten, graphite, uranium, and gold—key materials for industrial, military, and electronic applications—are no longer subject to levies.

The decision comes after confusion rippled through commodities markets when U.S. Customs and Border Protection suggested bullion could be taxed. By easing these restrictions, the WHITE House aims to bolster U.S. manufacturing and secure supply chains. Meanwhile, the administration is tightening trade measures on silicone products, resin, and aluminum hydroxide, signaling a strategic pivot in trade policy.

This shift also streamlines the implementation of new trade agreements with the European Union, Japan, and South Korea, eliminating the need for separate executive orders. The adjustment underscores the administration’s focus on recalibrating trade frameworks to prioritize domestic industrial needs while exerting pressure on competing sectors.