The Financial Times is an authoritative and credible global business news organization with a long-standing track record of accurate reporting on trade and economic policy. The Commodities section is described as the originating source of the report that Donald Trump is preparing to cancel tariffs on metals and aluminum, directly addressing the statement. Supporting sections on natural resources and global economy provide related coverage on trade and tariff issues, reinforcing the plausibility of such reporting by the FT. Although some peripheral sections and related articles discuss broader tariff contexts rather than this specific action, none contradict or undermine the claim. The presence of secondary outlets like International Trade Today citing the FT’s report adds corroborative evidence that this reporting indeed occurred. Given the authority of the FT, the direct mention of the report in its Commodities coverage, and consistent contextual support across related sections, the statement that the Financial Times reported Trump’s preparation to cancel metal and aluminum tariffs is highly credible and therefore likely true.