The order also allows foreign companies to qualify for a reduced 10% tariff if at least 85% of the steel or aluminum used in their equipment is melted, poured, smelted or cast in the United States. The measures will remain in effect until the end of 2027 to encourage investment in domestic industrial capacity. (A representative image) | Photo Credit: iStockphoto

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.

Published on June 2, 2026