Trump signs proclamation amending tariffs on some steel, aluminum and copper imports
Posted June 1, 2026 10:09 pm.
Last Updated June 2, 2026 11:35 am.
U.S. President Donald Trump signed a proclamation late Monday amending certain tariffs on metals, including steel, aluminum and copper imports.
The adjusted tariffs on some derivative products will drop from 25 per cent to 15 per cent, the White House said. Industrial equipment like bulldozers and forklifts will be subject to a 15 per cent tariff “when imported from trade deal countries that are entitled to such treatment.”
The order will also allow foreign companies to qualify for a 10 per cent duty rate, “if their capital equipment includes at least 85 per cent U.S. melted and poured or smelted and cast steel or aluminum by weight,” U.S. officials wrote in a statement.
“These tariff changes are temporary, lasting until December 31, 2027, to spur near–term investments that will rebuild the Nation’s industrial base,” the White House added.