Certain goods that are already subject to some tariffs will not fall under the scope of President Donald Trump’s reciprocal tariffs, which he announced on Wednesday, or “Liberation Day.”
A White House fact sheet notes that Trump’s reciprocal tariff will not be piled on top of some specific goods that fall under Section 232 tariffs, as well as energy products and some minerals that are unavailable in the United States:
Some goods will not be subject to the Reciprocal Tariff. These include: (1) articles subject to 50 USC 1702(b); (2) steel/aluminum articles and autos/auto parts already subject to Section 232 tariffs; (3) copper, pharmaceuticals, semiconductors, and lumber articles; (4) all articles that may become subject to future Section 232 tariffs; (5) bullion; and (6)
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