The U.S. is set to eliminate the 50% duty on metal derivative products containing less than 15% steel, aluminum, or copper, simplifying the tariff structure.

Tariffs on certain industrial equipment will drop to 15% through 2027, while products with higher metal content will incur a 25% tariff on their total value.

This overhaul aims to ease the burden on importers and has garnered positive responses from the industry, an administration official told Reuters.