Further Adjusting the Tariff Regimes for Imports of Aluminum, Steel, and Copper Into the United States

ProclamationTariff raisedSigned 06/01Federal Register 06/04Open the original

Summary

President Trump further adjusts the section 232 tariff regimes for imports of aluminum, steel, and copper. Agricultural equipment and certain HVAC systems and components are added to the 15% duty category, and the treatment of mobile industrial equipment and machinery, aluminum lithographic plates, and steel racks is also modified.

By industry

Tariffs & Reshoring1 trading day+0.4%p15 stocks5 trading days+1.7%p15 stocks20 trading days−5.5%p15 stocks
“Further Adjusting the Tariff Regimes for Imports of Aluminum, Steel, and Copper Into the United States”

Day by day after the announcement

Tariffs & Reshoring stocks and the S&P 500 after the announcement, cumulative %
Day	Tariffs & Reshoring stocks	S&P 500
26/05/29	0.0%	0.0%
26/06/01	+0.5%	+0.1%
26/06/02	+3.6%	+0.5%
26/06/03	+2.4%	−0.7%
26/06/04	+2.7%	−0.0%
26/06/05	−1.0%	−2.7%
26/06/08	−0.7%	−2.3%
26/06/09	+0.4%	−2.6%
26/06/10	−1.7%	−4.2%
26/06/11	+3.8%	−2.2%
26/06/12	+4.4%	−1.8%
26/06/15	+1.4%	−0.3%
26/06/16	+0.3%	−0.7%
26/06/17	−1.3%	−1.8%
26/06/18	−2.3%	−1.1%
26/06/22	−2.8%	−1.6%
26/06/23	−5.2%	−2.9%
26/06/24	−5.8%	−2.5%
26/06/25	−3.9%	−2.9%
26/06/26	−5.1%	−3.3%
26/06/29	−7.5%	−2.0%

Korean stocks in these industries

Hyundai Steel 004020
POSCO Holdings 005490
SeAH Steel Holdings 003030

Trades in these industries around the announcement

Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.

Leon J. TopalianChair and CEO
SellNucor
Sell
Nucor
NUE
$5M
21,954 sh
$5M
Filed 05/19
Traded 05/15
Leon J. TopalianChair and CEO
SellNucor
Sell
Nucor
NUE
$3.7M
16,239 sh
$3.7M
Filed 05/19
Traded 05/15
Celso L. Goncalves Jr.EVP, CFO
SellCleveland-Cliffs
Sell
Cleveland-Cliffs
CLF
$2.9M
214,308 sh
$2.9M
Filed 06/05
Traded 06/05
Leon J. TopalianChair and CEO
SellNucor
Sell
Nucor
NUE
$2.1M
9,366 sh
$2.1M
Filed 05/19
Traded 05/15
Leon J. TopalianChair and CEO
SellNucor
Sell
Nucor
NUE
$1M
4,441 sh
$1M
Filed 05/19
Traded 05/15
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$4.6M
25,823 sh
$4.6M
Filed 06/04
Traded 06/02
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$2.7M
13,269 sh
$2.7M
Filed 06/24
Traded 06/22
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$2.5M
13,865 sh
$2.5M
Filed 06/04
Traded 06/02
Kimberly A. FieldsChair, President and CEO
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$2.4M
13,164 sh
$2.4M
Filed 06/04
Traded 06/02
Kenneth Rex QueryEVP
SellNucor
Sell
Nucor
NUE
$2.1M
8,380 sh
$2.1M
Filed 06/03
Traded 06/01
Kimberly A. FieldsPresident, CEO and Director
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$1.9M
11,982 sh
$1.9M
Filed 05/12
Traded 05/11
Marshall D. AkinsVP and Chief Comm Officer
SellCarpenter Technology
Sell
Carpenter Technology
CRS
$1.5M
3,434 sh
$1.5M
Filed 05/06
Traded 05/05
John J. HollatzEVP
SellNucor
Sell
Nucor
NUE
$1.4M
5,522 sh
$1.4M
Filed 06/04
Traded 06/03
Kimberly A. FieldsPresident, CEO and Director
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$1.4M
8,780 sh
$1.4M
Filed 05/12
Traded 05/11
Marshall D. AkinsVP and Chief Comm Officer
SellCarpenter Technology
Sell
Carpenter Technology
CRS
$1.3M
2,947 sh
$1.3M
Filed 05/06
Traded 05/05
John J. HollatzEVP
SellNucor
Sell
Nucor
NUE
$1.3M
5,038 sh
$1.3M
Filed 06/04
Traded 06/03
Kenneth Rex QueryEVP
SellNucor
Sell
Nucor
NUE
$1.3M
5,149 sh
$1.3M
Filed 06/03
Traded 06/01
James Stanley AndersonSVP
SellSteel Dynamics
Sell
Steel Dynamics
STLD
$1.2M
4,401 sh
$1.2M
Filed 06/08
Traded 06/05
James Stanley AndersonSVP
SellSteel Dynamics
Sell
Steel Dynamics
STLD
$1.1M
4,177 sh
$1.1M
Filed 06/08
Traded 06/05
Kimberly A. FieldsPresident, CEO and Director
Sell10b5-1 planAti
Sell10b5-1 plan
Ati
ATI
$1M
6,420 sh
$1M
Filed 05/12
Traded 05/11