President Trump issued Feb. 10, 2025, separate proclamations that direct a number of actions to broaden and increase Section 232 tariffs on imports of steel and aluminum and derivative products. Effective March 12, 2025, there is a 25% tariff on:
- The steel products and derivatives and the aluminum products and derivatives from the original 2018 tariff list.
- Steel derivatives classified in HTS Chapter 73 and aluminum derivatives classified in HTS Chapter 76.
- Additional steel derivatives and additional aluminum derivatives from the list released Feb 10, 2025. This additional duty only applies to the declared value of the aluminum or steel content of the derivative article. The Department of Commerce has certified that a sufficient tariff collection system for these derivatives is in place.
Effective April 4, there will also be a 25% tariff on beer and beer cans, as they were added to Annex 1 in a Federal Register notice to be published April 4, 2025.
Agreements that had suspended Section 232 tariffs on imports form Argentina, Australia, Brazil, Canada, the European Union, Japan, Mexico, South Korea, Ukraine, and the United Kingdom will be terminated as of March 12. All existing general approved exclusions from the tariffs will also be terminated as of March 12 (though granted product exclusions will remain in effect until their expiration date or until their excluded volume is imported, whichever occurs first). The process for requesting exclusions has also been terminated.
ST&R offers a three-pronged approach for avoiding, mitigating, and/or recovering these and other tariffs. For more information on which of these strategies might be most effective for your business, please contact ST&R.
Previous Tariffs on Steel & Aluminum
Additional tariffs of 25 percent on imported steel, and 10 percent on imported aluminum, were imposed effective June 1, 2018, with respect to nearly all countries. The U.S. later imposed tariff-rate quotas suspending these tariffs on a set volume of steel and aluminum products imported from the European Union, Japan, and the United Kingdom and suspended the steel tariffs for Ukraine through June 1, 2025.
The tariffs were extended to certain derivatives of steel and aluminum articles as of Feb. 8, 2020, though there were exceptions for Argentina, Australia, Brazil, Canada, the EU, Japan, Korea, Mexico, and the UK for derivatives of steel and for Argentina, Australia, Canada, the EU, Mexico, and the UK for derivatives of aluminum.
Official Documents