The United States has revised its Section 232 tariff regime on steel, aluminum and copper imports, introducing changes to derivative products while maintaining high duties on core metal products.
Under the updated framework, articles made entirely or almost entirely of steel, aluminum or copper will be subject to a flat 50pct tariff on their full value, with the duty now applied to the transaction price rather than only the metal content.
For derivative products, tariffs have been restructured to simplify compliance. Goods containing more than 15pct metal content will face a 25pct duty on the full import value, while products with 15pct or less metal content will be exempt from Section 232 duties.
Certain metal-intensive industrial and electrical equipment will benefit from a reduced 15pct tariff through 2027, aimed at supporting industrial investment and infrastructure development.
Products manufactured abroad using entirely U.S.-origin steel, aluminum or copper will be subject to a lower 10pct tariff.
