Trump Announces Plan to Halve Aluminum Tariffs for Companies Committing to Domestic Production

President Donald Trump has announced a plan to reduce U.S. aluminum import tariffs by half in exchange for companies committing to invest in domestic production facilities. The initiative, outlined in a proclamation signed on July 20, 2026, allows eligible firms to apply through the Commerce Department and begin construction of new or expanded facilities by January 20, 2029.

By Phil Neuffer Mon, July 20, 2026 at 10:11 PM GMT+3 2 min read · Yahoo Finance ·

Trump Announces Plan to Halve Aluminum Tariffs for Companies Committing to Domestic Production

Topics: aluminum onshoring tariffs trade policy

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