The United States imposed tariffs to the world on steel and aluminum of 25%, impacting products with a potential value of 206,292 million dollars.
These tariffs, which include products derived from both metals, came into effect as of Wednesday on orders from President Donald Trump
Tariffs to the world
Trump’s proclamations argue that the new tariffs were set because imports of that set of goods “threaten to harm” U.S. national security.
In itemized form the tariffs will potentially be levied on products in the following amounts, considering 2024 U.S. imports, in millions of dollars:
- Steel: 31,499.5.
- Steel derivatives: 53,599.8.
- Aluminum: 18,526.1
- Aluminum derivatives: 102,666.4
Section 232
Already, U.S. Customs charged tariffs of 10% on aluminum imports and 25% on steel imports, with full or partial exceptions for Argentina, Australia, Brazil, Canada, Japan, Mexico, South Korea, the European Union, Ukraine and the United Kingdom.
But Trump’s new orders removed all of the exemptions.
Under Proclamations 10895 and 10896 of February 10, 2025, the Section 232 duties on derived products will only apply to the steel or aluminum content of such products. However, they will not affect products processed in other countries if the steel was “cast and poured” in the United States or the aluminum was “cast and cast” in the same country.