During a CNBC interview in Pittsburgh, Pennsylvania, U.S. Commerce Secretary Howard Lutnick clarified America's tariff strategy, explicitly stating that crude steel imports will not face duties while finished steel products will be subject to levies. Lutnick underscored the national security imperative behind this policy, emphasizing that domestic steel production capabilities constitute a vital defense interest. The Commerce Secretary's remarks delineate a targeted trade approach aimed at protecting downstream manufacturing sectors without disrupting raw material supply chains.
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