Print Friendly, PDF & Email

New Presidential Proclamation – Steel and Aluminum “Derivative Products”

Tuesday January 28, 2020

The 10% tariffs on aluminum derivatives and 25% on steel derivatives only applies to the following: stamped steel or aluminum auto bumpers or steel or aluminum body stamping for agriculture; steel nails, tacks (other than thumb tacks), drawing pins, corrugated nails, staples for hand power tools or manual use; aluminum stranded wire, cables, plaited bands and the like, including slings and similar articles.

 Within those items, the steel or aluminum must account for 2/3 or more of the total cost of materials; import volumes have increased since imposition of the steel and aluminum tariffs; and the import volumes exceed the average 4% increase for all goods entering the U.S.

See below for links to actual annexes identifying which products are now subject to 25% or 10% tariffs.

 

Expansion Annex I Derivatives of Aluminum Articles

Expansion Annex II Derivatives of Steel Articles