US Trade Remedies on Aluminium and Steel

In 2018, US Presidential Proclamations 9704 (Aluminium) and 9705 (Steel) introduced increased import tariffs on aluminium and steel products. For aluminium imports, a 10% additional import tariff was levied; for steel imports, a 25% additional import tariff was levied. 

The new tariffs did not apply to Canadian and Mexican imports. In addition, Presidential Proclamation 9740 (April 30, 2018) exempted the following countries from the new tariffs, but established import quotas:

• Korea (per the provisions of the 2017 Korea-US Free Trade Agreement renegotiations)
• Brazil
• Argentina

Additional agreements with other parties have since led to the introduction of tariff rate quotas for the following countries:

• Japan (Presidential Proclamation 10356; 3/31/2022): an agreement was reached to allow historically-based volumes of Japanese steel products to enter the U.S. market without the application of Section 232 tariffs.
• the United Kingdom (Presidential Proclamations 10405 and 10406; 5/31/2022): an agreement was reached to allow historically-based volumes of U.K. steel and aluminium products to enter the U.S. market without the application of Section 232 tariffs. In addition to novel smelt and cast requirements on aluminium,  any U.K. steel company owned by a Chinese entity is to undertake an audit of their financial records..
• members of the European Union (Presidential Proclamations 10327 and 10328; 12/27/2021)

Furthermore, :

• a 200% additional tariff is implemented on aluminium imports originating from Russia starting February 24, 2023 (Presidential Proclamation 10522). 
• following and antidumping duty Administrative review, importers of steel concrete reinforcing bars imported in straight lengths or coils (rebar) from Turkiye were assigned dumping margins  from end December 2023.

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