What specific tariff changes did Trump announce for agricultural and industrial equipment, and what are the new rates?

Trump lowered tariffs on agricultural equipment—including combines, harvesters, and HVAC systems—to 15% from 25%, and expanded the 15% tariff category to include mobile industrial equipment like bulldozers and forklifts when imported from countries with a U.S. trade deal; additionally, countries using at least 85% U.S.-melted or smelted steel or aluminum by weight may qualify for a lower 10% duty rate.

What is the legal basis and timeline for these tariff adjustments?

The tariffs were originally imposed in 2018 under Section 232 of the Trade Expansion Act of 1962—citing national security—and renewed in April 2025; the latest adjustments were issued via executive order effective Monday, are temporary, and expire at the end of 2027.

Trump Adjusts Tariffs on Steel, Aluminum, and Copper Imports

Jun 3, 2026

President Trump issued an executive order adjusting tariffs on steel, aluminum, and copper imports, lowering rates on agricultural and industrial equipment to 15% while incentivizing domestic metal usage.

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