The United States' decision to ease tariffs on a select range of metal-containing products offers only limited benefits for Indian exporters, as the most significant duties on steel, aluminium and copper imports remain firmly in place, according to the Global Trade Research Initiative (GTRI).
The Trump administration on June 1 announced targeted modifications to its Section 232 tariff regime, including a reduction in duties on certain industrial and agricultural equipment containing steel, aluminium or copper from 25 per cent to 15 per cent. The lower tariff will be effective from June 8, 2026, through December 31, 2027.