February 25, 2026– Bloomberg News reported on Tuesday, citing sources, that European authorities expect the United States to reduce import tariffs on fabricated steel and aluminum products in the coming weeks. The tariff adjustment would only apply to downstream products and would not affect tariffs on base metals. This could ease a major sticking point in transatlantic trade relations and indirectly impact the global aluminum fabrication sector, particularly China's large Aluminum Extrusion market. The possibility of this tariff adjustment comes amid growing uncertainty surrounding trade negotiations between the United States and the EU. Previous U.S. Supreme Court rulings have limited the government's ability to use emergency powers to impose broad "reciprocal" tariffs, jeopardizing the possibility of a comprehensive trade agreement. The U.S. government appears to have already imposed temporary 15% tariffs to ensure continuity in its tariff policy, suggesting that the tariff reductions on fabricated steel and aluminum products are likely to be implemented.