New U.S. tariffs on steel & aluminum start March 12, 2025—25% for most, 50% for Turkey, 200% for Russia. Exemptions & exclusions ending! Find key resources on tariffs, proclamations & EOs in blog and download the spreadsheet with all the affected USHTS codes.
The U.S. government has decided to increase tariffs on steel and aluminum imports to protect American industries and national security. Here’s what you need to know, in simple terms:
On February 18, 2025, the U.S. government published an Annex to the original Executive Order (EO) in the Federal Register, outlining significant updates to Section 232 tariffs on steel, aluminum, and their derivatives. The changes take effect on March 12, 2025, impacting a wide range of global exporters.
What does this mean for importers, exporters, and businesses relying on these materials? How will these changes affect global supply chains? In this blog, we break down the details, answer your pressing questions, and provide recommendations to navigate these new tariffs effectively.
Why Are These Tariffs Being Increased?
The U.S. believes that foreign countries, especially China, have been selling steel and aluminum at unfairly low prices, hurting American manufacturers. Previous tariffs had loopholes that allowed some countries to avoid them, reducing their effectiveness. The new changes aim to close these gaps and ensure stronger protection for U.S. industries.