Section 232 Tariffs on Steel & Aluminum | Sandler, Travis & Rosenberg, P.A.

2022-08-27 00:15:20 By : Ms. Summer Wen

Information, deadlines and resource documents for U.S. trade and tariff actions and the responses by the rest of the world.

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Effective June 1, 2018, additional tariffs of 25 percent and 10 percent on steel and aluminum imports were imposed for almost all countries.

Starting February 8, 2020, these tariffs also applied to certain derivatives of aluminum  and steel articles. The tarrifs apply to aluminum derivatives from all countries except Argentina, Australia, Canada, the EU (with limits, see below), the UK (with limits, see below) and Mexico and steel derivatives from all countries except Argentina, Australia, Brazil, Canada, Japan (with limits, see below), the EU (with limits, see below), the UK (with limits, see below), Mexico and South Korea. 

New! In March 2022, the U.S. and the United Kingdom announced that beginning June 1, the U.S. will replace its Section 232 tariffs on steel and aluminum from the UK with tariff-rate quotas allowing up to 500,000 tons of UK steel and 12.3 thousand tons of UK aluminum to enter the U.S. duty-free each year, though those amounts may be adjusted annually. Imports in excess of these amounts will be subject to the existing tariffs, which are 25 percent and 10 percent, respectively.

On February 7, 2022, the U.S. and Japan announced a new agreement under which Japan can ship up to 1.25 million tons of steel to the U.S. each year without being subject to the 25 percent additional tariff. The agreement, which does not change the 10 percent Section 232 tariff on aluminum from Japan, will take effect April 1, 2022.

On October 31, 2021 the U.S. announced that it would lift its Section 232 tariffs on a set volume of steel and aluminum products imported from the European Union. The EU, in turn would move to suspend its related retaliatory tariffs on U.S. goods and did not implement a further tariff increase that had been scheduled to take effect Dec.ember 1, 2021. The two sides will also suspend their related World Trade Organization disputes.

The following products are covered by these proclamations. 

Notice of Inquiry Regarding the Exclusion Process for Section 232 Steel and Aluminum Import Tariffs and Quotas (May 26, 2020)

Contact Kristen Smith (ksmith@strtrade.com) for assistance in petitioning for an exclusion from these tariffs.

As of April 2021, there may be an opportunity to recover Section 232 duties paid on steel & aluminum derivatives. Learn more here. 

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