Trump to Adjust Tariffs on Steel, Aluminum, Copper Imports
Among the headline changes, the order slashes levies on key agricultural machinery. "The Proclamation adjusts the tariffs on agricultural equipment, like combines and harvesters, as well as certain other equipment, from 25% to 15%," the White House said in a statement.
The proclamation also broadens the scope of industrial equipment eligible for reduced rates. The order "expands the existing category of industrial equipment subject to a 15% tariff to include mobile industrial equipment, like bulldozers and forklifts, when imported from trade deal countries that are entitled to such treatment."
In a further provision designed to incentivize the use of domestically produced materials, the order "encourages foreign companies to use more US steel and aluminum by allowing them to qualify for a 10% duty rate if their capital equipment includes at least 85% US melted and poured or smelted and cast steel or aluminum by weight."
All adjustments are time-limited, set to expire on December 31, 2027. The White House said the measures are intended "to spur near–term investments that will rebuild the Nation's industrial base."
The proclamation marks the latest development in President Trump's ongoing effort to restructure US trade policy and strengthen the country's manufacturing sector through targeted tariff levers.
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