Trump issues order to revise steel tariffs

U.S. President Donald Trump signed a decree modifying customs duties on imports of copper, aluminum, and steel. The duties were lowered to 15% from 25% for products such as agricultural machinery and heating and air conditioning equipment. Duties were also imposed on mobile industrial equipment at 15% for countries with trade agreements, with companies eligible for a reduced rate of 10% if their equipment contains more than 85% of molten and cast steel or aluminum produced in the United States. Additionally, two new product categories were added: steel shelves and aluminum printing panels, which will be subjected to a 25% tariff. These adjustments will take effect starting June 8 and will last until the end of 2027, with the aim of strengthening the American domestic industry.

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