Reminder: New portal launched for steel/aluminum tariff exclusion requests
Although the U.S. has removed Section 232 tariffs on steel and aluminum imported from Canada and Mexico, tariffs continue for numerous countries. Twenty-five percent tariffs on steel currently impact all countries except Argentina, Australia, Brazil, Canada, Mexico and South Korea. Ten percent tariffs on aluminum currently impact all countries except Argentina, Australia, Canada and Mexico.
U.S. companies can apply for exclusions from these tariff if steel and aluminum products they require are not produced in the U.S.: “(1) in sufficient and reasonably available amount, (2) satisfactory quality, or (3) there is a specific national security consideration warranting an exclusion.” New requests must be submitted to the U.S. Department of Commerce Section 232 exclusion portal. Exclusion requests submitted before June 13 will continue to be addressed via www.regulations.gov.
For the latest information on the Section 232 tariffs, their impact on steel and aluminum prices and the exclusion process, visit the Coalition of American Metal Manufacturers and Users (CAMMU) resources page – Data on Steel, Aluminum Imports and Prices.