Legal basis: Section 232 of the Trade Expansion Act of 1962
Scope: All countries
Effective date: 4 June 2025
Tariff rate
- 50% tariff on steel articles and derivative steel articles (raised from 25% to 50% on June 4, 2025), effective as of 12:01 a.m. (EST) on June 4, 2025.
- The 50% tariff is additive; it applies in addition to any other applicable duties and charges, except as indicated. For example, the non-steel content of any imported articles is subject to the Reciprocal Tariffs and Fentanyl Tariffs, as applicable, in addition to the Steel Tariff.
- US Customs and Border Protection shall issue guidance requiring "strict compliance" with declaration requirements for steel content in imported goods and outlining penalties for non-compliance, eg, monetary penalties, loss of import privileges, criminal liability.
Carve-outs
- Certain aluminum and aluminum derivative products from the United Kingdom remain at a 25% tariff, subject to revision by the Secretary of Commerce if he determines that the United Kingdom has not complied with the terms of its recent trade deal with the United States.
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
