Feb 13 (Reuters) - U.S. President Donald Trump is planning to scale back some tariffs on steel and aluminium goods, the Financial Times reported on Friday, citing people familiar with the matter. Trump hit steel and aluminium imports with tariffs of up to 50% last year including the country rate on the non-steel and non-aluminum content.

U.S. Customs identified close to $3.6 billion in surety bond insufficiencies in fiscal 2025, a financial guarantee trade experts say has soared due to tariffs.

The justices put the case on a fast track at the administration’s urging. But they don’t seem in a rush to rule on the president’s signature economic program.

A joint statement confirmed that India will purchase $500bn (£367.4bn) worth of US goods over five years, but did not mention a pledge by Delhi to stop Russian oil purchases. Earlier last week, the countries had announced a trade deal, with the US cutting tariffs on Indian goods to 18% from 50%.

Taiwan has also committed to purchase over $84 billion of U.S. goods, including energy and aviation products

President Donald ‌Trump is planning ​to scale back some tariffs ‌on ⁠steel and aluminium ⁠goods, the ​Financial ​Times ​reported on ‌Friday, citing people familiar with the ‌matter. ​could ​not

Exports to Canada from Minnesota continue to fall. The U.S. House in a rare rebuke this week voted to end the tariffs.