National

Trump signs proclamation amending tariffs on steel, aluminum and copper imports

Steel rolls from China are seen after being unloaded at the Valparaiso port, Chile July 10, 2025. REUTERS/Rodrigo Garrido
Steel rolls from China are seen after being unloaded at the Valparaiso port, Chile July 10, 2025. REUTERS/Rodrigo Garrido Reuters

LOS ANGELES - U.S. President Donald Trump on Monday signed a proclamation amending tariffs on some copper, aluminum and iron imports, the White House said.

• The proclamation lowers tariffs on some agricultural equipment from 25% to 15%

• It makes mobile industrial equipment, such as bulldozers and forklifts, subject to a 15% tariff "when imported from trade deal countries that are entitled to such treatment," the White House said in a statement.

• The order also allows foreign companies to qualify for a 10% tariff if "their capital equipment include at least 85% U.S. melted and poured or smelted and cast steel or aluminum by weight."

• The changes will last until December 31, 2027 "to spur near–term investments that will rebuild the Nation's industrial base," the White House said.

(Reporting by Christian Martinez; Editing by Caitlin Webber)

Copyright Reuters or USA Today Network via Reuters Connect.

This story was originally published June 1, 2026 at 6:44 PM.

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