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President Trump signed an Executive Order on February 10th 2025 Announcing Revisions to Steel and Aluminum Tariffs Starting March 12th.
A copy of the Executive Order released on February 10th, 2025 can be found here:
Adjusting Imports of Steel into The United States – The White House
A fact sheet can be found here:
Fact Sheet: President Donald J. Trump Restores Section 232 Tariffs – The White House
Please keep in mind that this is the current interpretation of the Executive Order released by the President. This is subject to change pending an official notice from US Customs and Border Protection via a Federal Register Notice (FRN). We wanted you to be forewarned of what is expected on March 12, 2025. As soon as we have more official information, we will be sure to keep you updated.
Steel and Steel Derivative Products
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Tariffs are set to take effect on March 12th, 2025, for Steel and Steel Derivative Products from Argentina, Australia, Brazil, Canada, Japan, Mexico, South Korea, the UK, and the EU.
- These tariffs will increase the above countries’ duties by 25% due to the ending of their Section 232 Exemptions and Quota agreements.
- Additional new 25% Tariffs are also expected later. Annex document to come.
- No new exclusions will be reviewed or granted beginning IMMEDIATELY.
- Previously granted Exclusions will remain in effect until they expire. Or until the "excluded product volume is imported, whichever happens first." All general product exclusions will end March 12.
Aluminum and Aluminum Derivative Products
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Tariffs are set to take effect on March 12, 2025, for Aluminum and Aluminum Derivative Products from Argentina, Australia, Canada, Mexico, the EU, and the UK.
- These tariffs will increase the above countries’ duties by 25% due to the ending of their Section 232 Exemptions and Quota agreements.
- Additional new 25% Tariffs are also expected later. Annex document to come.
- No new exclusions will be reviewed or granted beginning IMMEDIATELY.
- Previously granted Exclusions will remain in effect until they expire. Or until the "excluded product volume is imported, whichever happens first." All general product exclusions will end March 12.
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