Washington: US President Donald Trump signed an executive order reshaping his tariff programme, lifting duties on key minerals including gold alloys, graphite, tungsten, and uranium. The exemptions also cover critical materials used in aerospace, electronics, medical devices, and some pharmaceuticals, aimed at easing supply chain concerns.

According to Bahrain News Agency, the executive order introduces new tariffs on silicon products. The decision marks a significant shift in the US trade policy, aiming to address supply chain issues while balancing domestic interests. The removal of tariffs on essential minerals is expected to facilitate smoother operations in various high-tech and strategic industries, potentially lowering costs and increasing competitiveness. Meanwhile, the imposition of tariffs on silicon products indicates a targeted approach to protect and bolster domestic silicon production.