Trump to reduce steel, aluminum tariff rates for derivative products, sources say
From finance.yahoo.com
The Trump administration plans to reshape its steel and aluminum tariff regime, keeping a 50% tariff for commodity steel and aluminum imports while reducing duties on derivative products made from the metals to 15% or 25%, depending on the product, two sources familiar with the ​plans said. The details could change and will be subject to a tariff proclamation from President Donald Trump, which is expected as early as Thursday. A White House spokesperson did not immediately respond to Reuters' request for comment. The tariff adjustment plan was first reported by ⁠the Wall Street Journal. The sources told Reuters that ...
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