March 5, 2025.
The U.S. Department of Commerce has announced updates regarding Section 232 tariffs on aluminum and steel imports, as detailed in Proclamations 10895 and 10896, respectively. These measures aim to adjust imports to protect national security interests.
Key Points:
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Effective Date for Certain Products Delayed:
- Products falling outside Chapters 73 and 76 of the Harmonized Tariff Schedule (HTS) will have their tariff implementation delayed. The new effective date will be specified in a forthcoming public notification from the Secretary of Commerce. This delay allows for further assessment and preparation by affected industries.
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Immediate Implementation for Specific Products:
- Tariffs on products categorized under Chapters 73 and 76 of the HTS, which primarily include certain iron, steel, and aluminum articles, will proceed as scheduled. These tariffs are set to take effect on March 12, 2025.
Additional Considerations: While these proclamations address a broad range of aluminum and steel imports, specific developments concerning tariffs on automotive imports from Mexico and Canada are under review. We are closely monitoring these developments and will provide detailed updates as more information becomes available.
References:
Action Items for Stakeholders:
- Review the specific HTS classifications of your products to determine applicability under Chapters 73 and 76.
- Prepare for the implementation of tariffs on applicable products effective March 12, 2025.
- Stay informed on forthcoming announcements from the Department of Commerce regarding the new effective dates for products outside Chapters 73 and 76.
We will continue to monitor these developments and provide updates as more information becomes available.