Trump metals tariffs cut to 15% for some industrial, power grid equipment through 2027

The White House said on Thursday that President Donald Trump's revised national security tariffs on steel, aluminum and copper will apply a 15% tariff on certain metal-intensive industrial and electrical grid equipment through 2027, down from 50% previously.

The White House said in a statement that the reduced tariff was meant to aid the "massive industrial build-out" underway across the U.S.

It also said that the products made abroad but entirely with U.S. steel, aluminum or copper will be subject to import tariffs of 10%.

-David Lawder/Reuters