BlockBeats News, April 3rd: U.S. President Trump signed a statement on Thursday local time, adjusting the national security tariffs on steel, aluminum, and copper imports to reduce the tariff rates on metal-derived products, simplify the declaration process, and prevent the misdeclaration of import value.The statement noted that the U.S. will maintain a 50% import tariff on bulk commodities such as steel, aluminum, and copper, but this tariff rate will apply to the price paid by U.S. consumers. Other changes include: the U.S. will abolish the 50% tariff on steel, aluminum, and copper derivative products, provided that the metal content of these products (by weight) is below 15%. This will eliminate the 232 clause tariff on products with very low metal content.U.S. officials stated that overall these changes will not have a significant economic impact compared to the previous tariff system. However, by levying a 50% tariff on the total sales value of commodity metal, some additional tariff revenue may be generated. (Jinse)