On 10th February 2025, President Trump signed two decrees amending US tariffs on steel and aluminium (Section 232 of the Trade Expansion Act of 1962). These measures, effective from 12th March 2025, will heavily affect exporters to the United States.
Increase in tariffs and new restrictions
- Tariffs raised to 25% on steel and aluminium, compared to 10% previously for aluminium.
- Removal of quotas and tariff exemptions for several key partners, including Canada, the European Union, Mexico, Japan, South Korea, and the United Kingdom.
- Extension of tariffs to derivative products, such as steel wire rods and manufactured construction steel.
- End of the tariff exclusion process: only the exemptions already granted will remain valid until expiration.
Why these measures?
The United States aims to strengthen its steel industry and combat transshipment from China and Russia via Canada and Mexico. Increased customs checks on steel and aluminium imports will ensure compliance with the new regulations.
Consequences for exporters and manufacturers
Higher import costs, with a potential impact on sales prices.
- More complex supply chains, especially for construction, automotive, and infrastructure.
- Stronger customs controls and increased compliance risks.
How to anticipate these changes?
Exporters to the United States must now:
- Evaluate the impact on their supply chain and production costs.
- Explore strategic alternatives: local sourcing, process adaptation, diversification…
ASD Group helps and supports you in all your procedures in the United States; if you have any questions or specific requests, our team of experts is available to provide you with personalised advice and address all your concerns. Feel free to contact them for any further assistance.
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