Tariff Updates: USMCA Exemptions and Potash Duties for Canada Imports
March 7, 2025
New Import Duties on Aluminum and Derivative Aluminum Products
March 10, 2025
New Import Duties on Steel and Steel Derivative Products
What You Need to Know
Starting March 12, 2025, a 25% import duty will apply to all steel articles and derivative steel products from all countries. This change follows Proclamation 10896 under Section 232 of the Trade Expansion Act of 1962.
Key Details:
- Effective Date: March 12, 2025
- Tariff Rate: 25% ad valorem
- Affected Products: Steel and derivative steel articles (HTS classifications: 9903.81.87 – 9903.81.93)
- Exclusions: General approved exclusions expire on March 11, 2025
Compliance Steps:
- Review HTS classifications for applicable duties
- Accurately report steel content values in customs filings
- Verify “melt and pour” country of origin reporting requirements
- Check for foreign trade zone (FTZ) admission rules
Understanding these changes is essential to ensure compliance and avoid disruptions. If you have questions, contact your Western Overseas agent today.
