Trump signs new exec. proclamation amending nat’l security tariffs on imported steel, aluminum and copper – One America News Network


TOPSHOT – US President Donald Trump reacts during a cabinet meeting in the Cabinet Room of the White House in Washington, DC, on May 27, 2026. (Photo by Kent NISHIMURA / AFP via Getty Images)

OAN Staff Brooke Mallory
12:30 PM – Tuesday, June 2, 2026

In a recalibration of his “America First” trade agenda, President Donald Trump signed a new executive proclamation amending the nation’s Section 232 national security tariffs on imported steel, aluminum and copper.

The dynamic modifications, slated to take effect at 12:01 a.m. ET on June 8th, offer a temporary targeted reduction on specific downstream industrial and agricultural machinery while simultaneously broadening the scope of other metal-heavy imports.

Designed to ease the financial burden on vital domestic sectors like agriculture and construction without dismantling the administration’s broader protective trade wall, these adjustments are scheduled to remain in place through December 31, 2027.

“These tariff changes are temporary, lasting until December 31, 2027, to spur nearterm investments that will rebuild the Nation’s industrial base,” the White House stated.

 

The cornerstone of the newly issued proclamation is the reduction of import duties from 25% to 15% on essential farming equipment, most notably high-value machinery such as combines and harvesters. Residential heating, ventilation, and air conditioning (HVAC) systems and their components will also see their tariff rates slashed to 15%.

The GOP administration expanded the definition of industrial equipment qualifying for this lowered 15% rate to encompass heavy-duty mobile industrial equipment, including bulldozers and forklifts, provided they are imported from nations with which the United States has successfully negotiated active trade agreements.

Raw commodity-grade metals and upstream goods made entirely or almost entirely of steel, aluminum, or copper — such as steel coils and aluminum sheets — will continue to face a punishing 50% baseline tariff on their full customs value. For downstream and derivative products substantially composed of these metals, the general tariff rate remains set at 25%.

 

In a bid to close perceived trade loopholes, the latest order expands this 25% category to include two newly covered metal derivative import products: steel racks and aluminum lithographic plates. Conversely, products determined to contain 15% or less steel, aluminum, or copper by weight will continue to remain entirely exempt from Section 232 duties.

In an effort to incentivize the global supply chain to favor American raw materials, the White House introduced a novel 10% preferential duty rate for foreign manufacturers. Under the amended rules, foreign-made capital equipment can qualify for this ultra-low 10% rate if the final product consists of at least 85% U.S.-sourced metal by weight — specifically steel that was melted and poured, or aluminum and copper that was smelted and cast, within the United States.

This is a notable adjustment from the previous, more rigid 95% U.S.-metal threshold required to claim entire exemption. The Trump administration noted that this particular tweak is intentionally designed to drive near-term private and foreign investment back into America’s domestic smelting and manufacturing industrial base.

 

By selectively lowering the tariff burden on heavy equipment, Trump appears to be throwing a financial lifeline to the American farm belt and industrial supply chains, balancing its long-term geopolitical protectionism with the immediate economic realities facing domestic businesses.

Stay informed! Receive breaking news alerts directly to your inbox for free. Subscribe here. https://www.oann.com/alerts

 

 

What do YOU think? Click here to jump to the comments!


Sponsored Content Below

 

Share this post!



Source link

Brooke Mallory
Author: Brooke Mallory

Be the first to comment

Leave a Reply

Your email address will not be published.


*