Economy Politics Country 2026-04-03T08:13:19+00:00

Trump Adjusts Metal Tariffs to Boost Industry

US President Donald Trump announced a reduction in import tariffs on industrial equipment and electrical grids containing metal from 50% to 15% until 2027. The goal is to accelerate industrial development. The US will maintain a 50% tariff on steel, aluminum, and copper but will simplify regulations for derivatives of these metals.


Trump Adjusts Metal Tariffs to Boost Industry

US President Donald Trump has decided to adjust tariffs on steel, aluminum, and copper imports to reduce duties on derivatives made from these metals, simplify compliance procedures, and prevent manipulation of import values. The White House clarified that tariffs on certain industrial equipment and electrical grids that use large quantities of metals will be lowered from 50% to 15% until 2027 to accelerate the pace of industrial expansion. It was stated that the United States will keep, under the announcement signed by the US President, a 50% import tariff on steel, aluminum, and copper imports under Section 232 of the Trade Act of 1974, with this rate applying to the prices paid by customers. A senior official added that the changes also include canceling the previous 50% tariffs on derivative products made from steel, aluminum, and copper, if the metal content in the product is less than 15% by weight.