WASHINGTON : The order, signed on Friday, allows exemptions starting Monday for more than 45 categories of imports, including nickel, gold, graphite, and pharmaceutical compounds. The exemptions will apply only to nations that strike “reciprocal” trade deals with the United States, aligning with Trump’s ongoing effort to cut trade deficits and pressure partners into concessions.
Deputy officials said the waiver covers items not sufficiently produced in the U.S., including neodymium magnets, LEDs, and reagents used in medical diagnostics. Some agricultural products, aircraft parts, and pharmaceutical inputs such as lidocaine were also included.
The exemptions are designed to bring U.S. tariffs in line with framework deals already in place with allies like Japan and the European Union. Countries that finalize such agreements will see tariffs waived automatically by U.S. trade authorities without requiring a new executive order.
Trump said that tariff reductions depend on the economic value of commitments made by trade partners and U.S. national interests. He emphasized that his willingness to reduce tariffs will always reflect the scope and value of what partners deliver to the United States.
The decision comes as Switzerland, a major exporter of gold, struggles under 39% U.S. tariffs, while other trading nations push for similar exemptions. Critics warn, however, that eliminating duties in some categories while hiking others could complicate global supply chains and increase uncertainty for businesses.