Trump exempts global tariffs on metals such as gold, tungsten and uranium

U.S. President Trump took action on Friday to exempt graphite, tungsten, uranium, gold bars and other metals from his national tariffs, while taxing silicone products. The changes will take effect on Monday, under an executive order issued on Friday.

Trump's directives may also accelerate the implementation of customized trade agreements between the United States and other countries, making it easier for Washington to remove tariffs on aircraft parts, generic drugs, and certain products that cannot be grown, mined or produced naturally in China (such as special spices, coffee and some rare metals).

The president's order says the changes were made on the advice of U.S. officials. Under the measure, “these modifications are necessary and appropriate to respond to the national emergency declared by Trump when he first implemented national-level tariffs in April.”