This is a follow-up to our February 22, 2018 Supply Chain Alert regarding the Commerce Department report on the results of the Section 232 investigation concerning the effects of imports of steel and aluminum on national security. The President is required to make a decision on the steel recommendations by April 11, 2018, and on the aluminum recommendations by April 19, 2018.
News reports that the Administration this week would announce a 25% tariff on Steel and a 10% tariff on Aluminum raises questions as to what products these new tariffs would apply. Nothing is certain until the President makes his final decision on the Commerce Department recommendations, but we can use the Commerce Department recommendations to help anticipate the scope of the President’s ultimate decision.
The Steel tariffs would apply to steel mill products classified in subheadings 7206.10 through 7216.50, 7216.99 through 7301.10, 7302.10, 7302.40 through 7302.90, and 7304.10 through 7306.90.
The Aluminum tariffs would apply to unwrought aluminum (heading 7601), aluminum castings and forgings (subheadings 7622.214.171.124 and 76126.96.36.199), aluminum plat, sheet, strip and foil (flat rolled products) (headings 7606 and 7607); aluminum wire (heading 7605); aluminum bars, rods and profiles (heading 7604); aluminum tubes and pipes (heading 7608); and aluminum tube and pipe fittings (heading 7609).
For more information, please contact your local MIQ Logistics representative.