Trump sets 50% tariffs on metal imports, 15% on grid kit
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- Trump signed a proclamation on Thursday that adjusts Section 232 tariffs on steel, aluminum, and copper imports, effective April 6.
- Metal‑heavy goods made almost entirely of aluminum, steel, or copper will face a 50% tariff on their value.
- Derivative articles substantially made of steel, aluminum, or copper will incur a 25% levy.
- United Kingdom steel and aluminum products will face a 25% tariff if made almost entirely of the metals, while derivative goods will face a 15% levy; the rules do not alter prior agreements with the EU, Japan, or South Korea.
- Electrical grid equipment will be subject to a 15% tariff, remaining in effect through 2027.
- Section 232 tariffs will no longer apply to goods made with 15% or less steel, aluminum, or copper.
- Cabinet officials will now decide on a rolling basis whether additional derivative goods should be added to the levy scope, ending the previous order‑based process.
Why it matters: Domestic metal producers gain from higher duties on foreign steel, aluminum and copper goods, while foreign exporters face steeper costs, especially for electrical grid equipment subject to a 15% tariff through 2027. The UK benefits from reduced rates, but the end of the 15%‑or‑less exemption raises costs for low‑metal imports.
