U.S. adjusts steel, aluminum, and copper tariffs: low-content exemptions, high-content tariffs based on product value

CoinNetwork · 2026-04-03T00:01:54+00:00

President Trump signed a statement on April 3rd to adjust import tariffs on steel, aluminum, and copper, reduce the tariff rates on derivative products, simplify the declaration process, and eliminate the 50% tariff on products with metal content below 15%. This move aims to prevent import value overstatement, but the overall economic impact is minimal.

CoinNetwork

2026-04-03 00:01:54

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Coin World News,

On April 3, U.S. President Trump signed a proclamation on Thursday local time, adjusting national security tariffs on steel, aluminum, and copper imports to lower tariff rates on metal-fabricated derivative products, simplify the filing process, and avoid misreporting the declared import value.

The proclamation states that the United States will maintain a 50% import tariff on imports of bulk commodities such as steel, aluminum, and copper, but this rate will apply to the prices paid by U.S. consumers. Other changes include: the U.S. will eliminate the 50% tariff on steel-, aluminum-, and copper-derived products, provided that the metal content of these products (by weight) is below 15%. This measure will remove the Section 232 tariffs imposed on products with extremely low metal content.

U.S. officials said that, overall, these changes will not make much of an economic difference compared with the prior tariff regime. However, imposing a 50% tariff on the entire sales value of commodity metals may generate some additional tariff revenue.

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