On March 8, 2018, the President of the United States signed Executive Orders imposing additional duties on certain steel and aluminum products. Mexico and Canada are exempt from these tariffs.
The steel tariff is 25%. The following HTS numbers will be subject to the additional tariff: subheadings 7206.10 through 7216.50, 7216.99 through 7301.10, 7302.10, 7302.40 through 7302.90, and 7304.10 through 7306.90, including any subsequent revisions to these HTS classifications.
The aluminum tariff is 10%. The following HTS numbers will be subject to the additional tariff: (a) unwrought aluminum (HTS 7601); (b) aluminum bars, rods, and profiles (HTS 7604); (c) aluminum wire (HTS 7605); (d) aluminum plate, sheet, strip, and foil (flat rolled products) (HTS 7606 and 7607); (e) aluminum tubes and pipes and tube and pipe fitting (HTS 7608 and 7609); and (f) aluminum castings and forgings (HTS 76184.108.40.206 and 76220.127.116.11), including any subsequent revisions to these HTS classifications.
HTS heading 9903 will be updated with these changes. The Orders go into effect for goods entered, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on March 23, 2018.
A clause has been built in to each Executive Order that a directly affected party located in the United States can apply for relief from the tariffs for any steel or aluminum article determined not to be produced in the United States in a sufficient and reasonably available amount or of a satisfactory quality. Relief can also be authorized based upon specific national security considerations.
These changes will remain in effect, unless such actions are expressly reduced, modified, or terminated.
Additional information will be provided as it becomes available. Please contact Vandegrift with any questions or concerns regarding the imposition of these new tariffs.