US preparing to roll out tiered system for tariffs on steel, aluminum importsBloombergUS President Donald Trump’s administration is preparing to outline a tiered system for its broad tariffs on steel and aluminum products in an attempt to simplify a process that has dogged US companies for months. Steel rolls are pictured in an ArcelorMittal steel plant, which produces tin-plated and chrome-plated steel sheets using cold-rolled steel coils, in Etxebarri, Spain, on Feb. 28 last year. If an item’s total steel or aluminum content drops below 15 percent of the product, the tariff rate would fall to zero, the people said. The move comes as the Trump administration is dealing with voter discontent over the economy, fueled by worries over the cost of living. Trump last year imposed a 50 percent levy on foreign steel and aluminum in a measure aimed at countering Chinese overcapacity.

Source: Taipei Times April 02, 2026 17:47 UTC