APRIL 1, 2026 AT 08:55 PM
US President Trump is expected to overhaul steel and aluminum tariffs, while altered rates on finished products would simplify compliance, but could increase costs for many imports, according to WSJ
Importance
Level 1
- Plans to alter tariff duties to 25% on the entire value of finished products.
- 50% tariff will remain for commodity-grade steel and aluminium products.
- Executive order could come as early as this week.