US Set to Roll Out Tiered Tariffs on Steel, Aluminum Imports

The Trump 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 American companies for months.

The US will maintain 50% tariffs on a large number of derivative products in which the duty will be calculated by the value of the actual imported good, according to multiple people familiar with the matter who spoke on condition of anonymity to detail the plans. Many other products will be tariffed at a lower 25% rate, while some products will fall below that duty level.