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Trump Cuts Steel and Aluminum Derivative Tariffs to 15 Percent via Presidential Proclamation

1h ago · June 3, 2026 · 1 min read

President Donald Trump signed a presidential proclamation Monday adjusting tariff rates on certain aluminum, steel, and copper imports, reducing the duty on a range of derivative products from 25 percent to 15 percent.

The lower rate applies to specific categories including agricultural equipment and heating, air conditioning, and ventilation systems — sectors that rely heavily on metal inputs and had faced higher costs under the previous tariff structure.

The adjustment marks a targeted modification to the broader metals tariff framework that has been a central feature of Trump’s trade policy. The administration has used presidential proclamations to fine-tune tariff schedules across multiple sectors. Trump recently traveled to Beijing alongside U.S. business leaders ahead of meetings with Chinese President Xi Jinping, signaling continued engagement on broader trade terms.

It remains unclear whether additional product categories will see similar adjustments in the coming months as the administration continues to reshape its import tariff structure.

Last updated: Jun 3, 2026 at 3:34 PM GMT+0000 · Sources available
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