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Investing.com -- The U.S. Department of Commerce expanded its tariff list on Tuesday by adding 407 product categories of "derivative" steel and aluminum products.
The newly added items will face a 50% duty rate, according to the Commerce Department’s statement.
The expanded list includes wind turbines and their parts, mobile cranes, bulldozers, heavy equipment, railcars, furniture, compressors, pumps, and hundreds of other products.
This action represents a significant expansion of products subject to steel and aluminum tariffs in the United States.
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