Trump cuts US duty rates on steel, aluminum and copper derivative products - Reuters

Reuters
April 2, 2026
2 min read

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President Trump has cut U.S. tariff rates on steel, aluminum, and copper derivative products for downstream manufacturers.

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President Trump has cut U.S. tariff rates on steel, aluminum, and copper derivative products. The move represents a shift in trade policy toward downstream manufacturers who use these metals as inputs, rather than the metals producers themselves. Lower duty rates on derivatives could reduce production costs for industries reliant on these materials, including automotive, construction, and appliance manufacturing. The decision follows Trump's broader effort to reshape U.S. trade relationships through selective tariff adjustments. The administration has not yet detailed the specific rate reductions or their effective date.

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