Section 232 Steel and Aluminum Presidential Proclamation 10947 of June 3, 2025 – Adjusting Imports of Aluminum and Steel Into the United States Proclamations 10895 and 10896 of February 2025, among other actions, applied the Section 232 Steel and Aluminum Tariffs to additional steel and aluminum downstream (or “derivative”) products, calculated either on the full
Section 232 Tariffs on Steel and Aluminum Frequently Asked Questions Steel derivative products classified in one of the new HTS classifications subject to Section 232 steel duties on or after March 12, 2025 are exempt from Section 232 steel duties if they are manufactured from steel exclusively melted and poured in the United States
Expanded Section 232 Tariffs on Steel and Aluminum - Congress. gov Commission (USITC) analyzed the economic impacts of the Section 232 steel and aluminum tariffs from 2018 to 2021 USITC found that the tariffs reduced steel and aluminum imports by 24% and 31%, respectively USITC also found that the tariffs increased the U S market price of steel products by 2 4% and aluminum products by 3 6% Issues for Congress
June 2025: 50% US Tariffs Steel and Aluminum Impact | BCG Right now, the tariffs on steel and aluminum imports into the US have doubled to 50% for all countries except the UK The tariffs, which took effect on June 4, include derivative products that contain a proportion of those metals
50% Tariffs on Steel, Aluminum and Derivatives U. S. Imports Effective . . . (Steel and Aluminum Lists Updated as of June 9, 2025) Effective June 4, 2025, the United States will double Section 232 tariffs on steel and aluminum imports—from 25% to 50%—under a new presidential proclamation While the U K will retain the 25% rate through July 9, the Commerce Secretary may later impose quotas or increase duties if the U K fails to meet its commitments under the U S
Section 232: Tariffs on Steel and Aluminum | UHY - uhy-us. com Aluminum, steel, and derivative products from Canada and Mexico are first subject to the increased 50 percent Section 232 tariff, and only if they are not subject to those tariffs, they are subject to IEEPA tariffs Steel and aluminum imports from the United Kingdom will be tariffed at 25 percent until at least July 9, whereafter rates can be
Steel and Aluminum Tariffs in 2025: A Definitive Guide for US . . . On March 12, 2025, the United States enacted a large tariff increase on steel and aluminum imports, raising duties to 25% across all trading partners This policy shift has sparked debate among industry leaders, policymakers, and international trade organizations
President Trump Expands Steel and Aluminum Tariffs to All Countries . . . The new action expands the original Section 232 tariffs by (i) ending all country exemptions, phasing out the specific product exclusion process, and terminating all existing General Approved Exclusions (GAEs); (ii) raising the aluminum tariffs from 10% to 25%; (iii) adding more downstream steel and aluminum products to the tariffs' coverage
US increases import tariffs of aluminum and steel Effective 4 June 2025, the US has increased tariffs on aluminum and steel imports from 25% to 50% ad valorem The new tariff rates apply to both steel and aluminum articles, as well as their derivative products