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Trump signs proclamation amending  tariffs on steel, aluminum and copper imports

LOS ANGELES, June 1 (Reuters) - U.S. President Donald Trump on ‌Monday signed a proclamation amending tariffs ‌on some copper, aluminum and iron imports, ​the White House said.

• The proclamation lowers tariffs on some agricultural equipment from 25% to 15%

• It ‌makes mobile ⁠industrial equipment, such as bulldozers and forklifts, subject to ⁠a 15% tariff "when imported from trade deal countries that are ​entitled to ​such treatment," ​the White House ‌said in a statement.

• The order also allows foreign companies to qualify for a 10% tariff if "their capital equipment include at least ‌85% U.S. melted and ​poured or smelted ​and cast ​steel or aluminum by ‌weight."

• The changes will ​last ​until December 31, 2027 "to spur near–term investments that will rebuild the ​Nation’s ‌industrial base," the White House ​said.

(Reporting by Christian Martinez; Editing ​by Caitlin Webber)

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