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ARTICLE · 14 MARCH 2025

Tariffs On Steel And Aluminum Products, Including Derivative Products, Come Into Effect

Kelley Drye & Warren LLP
Kelley Drye & Warren LLP
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Kelley Drye & Warren LLP

Kelley Drye & Warren LLP

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Tariffs of 25% on steel and aluminum mill products from all sources, imposed under Section 232 of the Trade Expansion Act of 1962, went in effect at 12:01 this morning, March 12...

GlobalInternational Law

Tariffs of 25% on steel and aluminum mill products from all sources, imposed under Section 232 of the Trade Expansion Act of 1962, went in effect at 12:01 this morning, March 12, in accordance President Trump's proclamations of February 10 previously discussed in detail here. While the Section 232 tariffs on steel and aluminum are not new – they were initially imposed by President Trump in 2018 – the three primary changes implemented today are (1) the termination of country-specific arrangements such as full exemptions, quotas, or tariff-rate quota programs; (2) the increase of tariffs on aluminum imports from 10% to 25%; and (3) the inclusion of numerous downstream or derivative” products subject to the tariffs.

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