To Our Valued Clients and Associates,
Edward J. Zarach & Associates wants to keep you informed about recent government actions that may impact your imports.
As of March 12, 2025, the U.S. government will impose an additional 25% tariff on imports of steel and aluminum products, including derivative articles, under Section 232 of the Trade Expansion Act. These measures are aimed at protecting U.S. national security and boosting domestic production.
Key Changes:
- Steel Products & Derivatives: Subject to a 25% tariff, including new categories of derivative products on the value of the Steel content for the Derivatives.
- Aluminum Products & Derivatives: Also subject to a 25% tariff on the value of the Aluminum content for the Derivatives, with this new reporting requirements.
- Foreign Trade Zones (FTZs): Products with “privileged foreign status” admitted before March 12, 2025, but entered for consumption after that date will still be subject to these tariffs.
- Smelt & Pour Requirements: Importers must report the country where steel was smelted and poured for compliance.
- USMCA Exemptions: Some qualifying steel and aluminum from Mexico and Canada may be exempt under specific conditions.
What This Means for You:
- Increased costs for affected steel and aluminum imports.
- Additional customs compliance and reporting obligations.
- Potential delays due to stricter import enforcement.
We strongly encourage all importers to review their supply chains and assess the impact of these new tariffs. Our team is available to assist you with customs clearance, compliance, and logistics strategies to help minimize disruptions.
For more details or assistance, please contact your Edward J. Zarach & Associates representative.
Best regards,
Edward J. Zarach & Associates