Last week, Presidential Proclamations 10895 and 10896—Adjusting Imports of Steel and Aluminum in the United States—subjected steel and aluminum articles and derivatives to Section 232 duty of 25 percent for all countries of origin. Any previous countries with quota or tariff suspensions will be subject to Section 232 duties, making this tariff remedy subject to all countries.
Effective March 12, 2025, an additional 25 percent tariff will be applied to all imports of steel and aluminum articles and derivative products.
The Proclamations advised that the lists of steel and aluminum derivates would be published in the Federal Register. You may find the derivate detail in each notice; Federal Register : Steel and Federal Register :Aluminum.
Highlights
Steel
Annex I identifies 155 tariff classifications in Chapter 73 that will be subject to the full 25 percent tariff. Additionally, 12 tariff classifications in Chapters 84 and 94 will be taxed based on their steel content. However, derivative steel products made from steel articles that were melted and poured in the US will be exempt from the additional tariff.
Aluminum
Annex I lists 18 tariff classifications in Chapter 76 that will incur the full 25 percent tariff. Furthermore, over 100 other tariff classifications across Chapters 66, 84, 85, 87, 88, 90, 94, 95, and 96 will be subject to the 25 percent tariff based on their aluminum content.
US Customs and Border Protection is expected to issue further guidance on the implementation of these tariffs. Reach out to Mohawk Global Trade Advisors for expert insight on how to navigate these tariff updates and leverage duty mitigation strategies.