Please find below a summary of the latest updates regarding the tariffs on new steel, steel derivatives, aluminum, and aluminum derivatives. The scope of these new tariffs is significant, and it is probable that they will affect your business, even if only to a small degree. We highly recommend reviewing the detailed information provided, including the accompanying links that lead to important resources from the Federal Register and U.S. Customs.
Should you have any questions or require further assistance, please do not hesitate to contact your sales representative or customs broker. We are here to assist you.
Import Duties on Imports of Steel and Steel Derivative Products
Effective March 12, 2025
- 25% ad valorem tariffs on all imports of steel articles and derivative steel articles from all countries, other than the United States, will be imposed beginning March 12, 2025.
- The 25% is in addition to any existing tariffs.
- Agreements that had suspended Section 232 steel tariffs on imports from Argentina, Australia, Brazil, Canada, the European Union, Japan, Mexico, South Korea, Ukraine, and the United Kingdom will be terminated as of March 11.
- Importer-specific product exclusions will remain in effect until their expiration date or until their excluded volume is imported, whichever occurs first.
- All general approved exclusions (GAEs) will expire on March 11.
- All Section 232 tariff rate and absolute quotas will expire on March 11.
- Any steel or steel derivative items entered into a US Foreign Trade Zone (FTZ) on or after March 12 must be admitted as a privileged foreign status, and the duties related to the classification at the time of entry into the zone will be applied upon withdrawal for consumption from the zone.
- The process for requesting exclusions to the steel tariffs has also been terminated.
Application of Duties on Steel Derivatives and Reporting Requirements
- For any steel derivatives outside of Chapter 73, the 25% duty is to be applied to the value of the steel content.
- If the value of the steel content is the same as the entered value of the item, the 25% duty must be paid on the entire value of the item.
- If the value of the steel content is unknown for an item, the 25% duty must be paid on the entire value of that item.
- The melt and pour reporting requirements remain unchanged.
Import Duties on Imports of Aluminum and Aluminum Derivative Products
Effective March 12, 2025
- 25% ad valorem tariffs on all imports of aluminum articles and derivative aluminum articles from all countries, other than the United States, will be imposed beginning March 12, 2025.
- Duties for aluminum products and derivative aluminum products from Russia, or where any amount of the primary aluminum used in manufacture of the aluminum articles is smelted in Russia, will remain in effect at 200%.
- Agreements that had suspended Section 232 aluminum tariffs on imports from Argentina, Australia, Brazil, Canada, the European Union, Japan, Mexico, South Korea, Ukraine, and the United Kingdom will be terminated as of March 11.
- Importer-specific product exclusions will remain in effect until their expiration date or until their excluded volume is imported, whichever occurs first.
- All general approved exclusions (GAEs) will expire on March 11.
- All Section 232 tariff rate and absolute quotas will expire on March 11.
- Any aluminum or aluminum derivative items entered into a US Foreign Trade Zone (FTZ) on or after March 12 must be admitted as a privileged foreign status, and the duties related to the classification at the time of entry into the zone will be applied upon withdrawal for consumption from the zone.
- The process for requesting exclusions to the aluminum tariffs has also been terminated.
Application of Duties on Aluminum Derivatives and Reporting Requirements
- For any aluminum derivatives outside of Chapter 76, the 25% duty is to be applied to the value of the aluminum content.
- If the value of the aluminum content is the same as the entered value of the item, the 25% duty must be paid on the entire value of the item.
- If the value of the aluminum content is unknown for an item, the 25% duty must be paid on the entire value of that item.
- The smelt and cast reporting requirements remain unchanged. Importers must be able to provide manufacturing documents, upon request, to substantiate the manufacturing process for any items reported as manufactured only from recycled aluminum product.
Links
If your company deals with the involved commodities, please be sure to familiarize yourselves with the source documents that are included in the below links, since they may contain other relevant and valuable information that could affect your business.
CSMS # 64348411 – GUIDANCE: Import Duties on Imports of Steel and Steel Derivative Products
CSMS # 64348288 – GUIDANCE: Import Duties on Imports of Aluminum and Aluminum Derivative Products
Examples
Example 1 – Product of China, not subject to anti-dumping or countervailing duties, classified as a whole article of steel under 7216.61.0000 –
Chapter/Commodity Duty Rate Duty Free
Section 301 Tariffs 25%
IEEPA Tariffs 20%
Section 232 Tariffs 25%
Estimated Duty Rate 70% *plus MPF and HMF
Example 2 – Product of Belgium, classified as a whole article of aluminum under 7616.99.5190 –
Chapter/Commodity Duty Rate 2.5%
Section 301 Tariffs n/a
IEEPA Tariffs n/a
Section 232 Tariffs 25%
Estimated Duty Rate 27.5% *plus MPF and HMF
Example 3 – Product of China, not subject to anti-dumping or countervailing duties, under a duty free steel derivative or aluminum derivative classification, with steel or aluminum content valuing $500 –
Chapter/Commodity Duty Rate Duty Free
Section 301 Tariffs 25%
IEEPA Tariffs 20%
Section 232 Tariffs 25% of $500
Estimated Duty Rate 45% plus $125 *plus MPF and HMF
*Merchandise Processing Fee (MPF) .3464% (min $32.71, max $634.62)
*Harbor Maintenance Fee (HMF) .125% (no min, no max – applies to ocean cargo only)
