Agency Information Collection Activities: Information Collection Renewal; Comment Request; Survey of OCC-Supervised Community Banks

President Donald Trump has issued a proclamation significantly increasing tariffs on steel and aluminum imports to 50% from the previous 25%, effective June 4, 2025. This move aims to bolster the U.S. steel and aluminum industries by countering low-priced imports that threaten national security and industry competitiveness. While the increased tariffs are intended to protect domestic industries, they could also lead to higher costs for businesses relying on these materials, potentially sparking legal challenges and further trade tensions, especially with countries impacted by these tariffs. The proclamation also allows for special tariff treatment for imports from the United Kingdom under a recent economic deal, reflecting ongoing diplomatic negotiations.