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U.S. incentive program to offer reduced tariff rates on primary aluminum imports for companies investing in domestic smelting

Approved onshoring plans grant primary aluminum imports at half the standard Section 232 tariff rate.

july 20, 2026

President Trump today signed a proclamation to establish an incentive program offering reduced tariff rates on imported primary aluminum for companies that commit to investing in domestic aluminum smelting facilities.

According to today’s White House release, under the new incentive program, the Secretary of Commerce will request onshoring plans from companies looking to build, expand, or refurbish aluminum smelters in the United States. If these plans are approved, companies will be eligible to import a commensurate amount of primary aluminum at a reduced tariff rate equal to half of the standard Section 232 rate.

The Secretary of Commerce will monitor and enforce compliance with these commitments and retains the authority to halt or retroactively rescind the tariff benefits if a company fails to meet its agreed-upon obligations.

For more information, contact a professional with KPMG Trade & Customs services:

 

Andrew Siciliano
Partner, U.S. & Global Practice Leader

E: asiciliano@kpmg.com

Doug Zuvich
Partner

E: dzuvich@kpmg.com

Irina Vaysfeld
Principal

E: ivaysfeld@kpmg.com

John L. McLoughlin
Principal

E: jlmcloughlin@kpmg.com

Luis (Lou) Abad
Principal

E: labad@kpmg.com

George Zaharatos
Principal

E: gzaharatos@kpmg.com

Christopher Young
Principal

E: christopheryoung@kpmg.com

Amie Ahanchian
Principal

E: aahanchian@kpmg.com

Gisele Belotto
Principal

E: gbelotto@kpmg.com

Steve Brotherton
Principal

E: sbrotherton@kpmg.com

Jessica Libby
Principal

E: jlibby@kpmg.com

Dawn Olesky
Principal

E: dolesky@kpmg.com

Frances Xing
Principal

E: francesxing@kpmg.com

 

 

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