Trump signs executive order to amend tariffs on steel, aluminum, and copper imports

LOS ANGELES, June 1 (Reuters) - The White House announced that U.S. President Donald Trump signed an executive order modifying tariffs on some imports of copper, aluminum and steel.

The decree reduces fees on some agricultural equipment from 25 to 15 percent.

The White House said in a statement that the decree subjects mobile industrial equipment, such as bulldozers and forklifts, to a 15 percent tariff "when imported from countries that have qualifying trade agreements with the United States."

The White House stated that these changes will continue until December 31, 2027 "to stimulate short-term investments that will rebuild the United States' industrial base."


This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.