Prepare for March 2025: 20 Key Questions Answered on Trump’s Steel and Aluminum Tariffs to Help Businesses Stay Compliant
With U.S. trade policies under constant review, the upcoming implementation of the 25% steel and aluminum tariffs on March 12, 2025, raises many questions for businesses. Understanding these tariffs is crucial to avoid penalties and streamline your supply chain. Here, we address 20 of the most frequently asked questions about these tariffs, offering clear guidance on how to prepare and comply.
Questions We Will Answer in This Blog
What types of articles are subject to the 25% tariffs starting March 12, 2025?
How do the new tariffs differ from existing Section 232 tariffs?
Are products classified under Chapter 72 affected by the 25% tariffs?
Are "steel" and "aluminum" specifically defined in the Section 232 orders?
Are iron-based goods impacted by these tariffs?
Are goods made from steel or aluminum derivatives outside Chapters 73 and 76 subject to 25% tariffs?
How will our customs broker know which items are exempt from these tariffs?
What exceptions exist for aluminum and steel "articles" under the 25% tariffs starting March 12?
Are there any exceptions for aluminum or steel "derivative articles"?
10. How will we know if our “derivative article” is made from U.S. steel or aluminum?
11. How does the country of origin affect aluminum reporting?
12. Do we pay tariffs on the full value of a "derivative article"?
13. How is the value of aluminum or steel content calculated?
14. How will our broker calculate the tariff amount based on material content?
15. Will the new lists of "derivative articles" have the same exemptions?
16. Is drawback available for the 25% tariffs starting March 12?
17. Do headings in Chapter 98 provide relief from the 25% tariffs?
18. How do these tariffs apply to sets or kits under GRI 3(b) or 3(c)?
19. Is there a process for tariff exclusions?
20. Could the list of “derivative articles” expand in the future?
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