The Commerce Department’s Bureau of Industry and Security (BIS) has announced a proposed increase to Section 232 duties on an additional 14 articles made with steel, aluminum, and copper.
If implemented, these targeted aluminum, steel, and copper derivative products would be subject to new Section 232 tariffs of 15% or 25%.
More details on the proposed increase, including directions for filing comments, can be found on the Federal Register notice located here.
Following is a recap of the newly proposed requirements.
Affected Commodities: 14 additional articles made with steel, aluminum, and copper, including aluminum powder, brass-wind musical instruments, welding machine parts, floor safes, certain electric conductor cables, fire extinguishers, heat exchange unit parts, hydraulic engine and motor parts, self-propelled cranes, mobile lifting frames, straddle carriers, and various types of trailers.
Proposed Increases to Section 232 Duties:
This is a developing story. When and if these changes enter into effect is still to be determined. To be kept abreast of the latest as it happens, you are encouraged to:
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