Effective February 8, 2020, an expanded list of imported steel and aluminum products will be subject to Section 232 duties.
- As found in Annex I Derivatives of Aluminum Products, an additional duty of 10 percent will apply to $20 million of imported aluminum products, such as stranded wire, cable, plaited bands, and aluminum bumpers for motor vehicles.
- The additional duty is applicable on aluminum products found in Annex I from all countries except Argentina, Australia, Canada, and Mexico.
- As published in Annex II Derivatives of Steel Products, imported finished steel products worth $200 million, on goods such as nails, tacks, drawing pins, staples, and steel bumpers for motor vehicles, will be subject to 25 percent duty.
- The additional duty is applicable on steel products found in Annex II from all countries except Argentina, Australia, Brazil, Canada, Mexico, and South Korea.
The additional tariffs cover ten subheadings of the USHTS. Information about requesting an exclusion from Section 232 can be found in the US Bureau of Industry and Security’s Section 232 Exclusion Process Frequently Asked Questions. For additional information, please contact Deringer’s Compliance Department.