On June 4th, the White House issued an Executive Order to increase tariffs under Section 232 for Steel & Aluminum to 50%. Additionally, all steel and aluminum articles subject to Section 232 duty may require a content and value breakout.
As stated in the guidance from U.S. Customs, new derivative articles outside of Chapters 73 and 76 subject to Section 232 duties, AND all steel and aluminum derivative articles classified within Chapters 73 and 76, the 50% duty is to be reported on the value of the steel or aluminum content only.
Please see the links below to a pdf version of the declaration you can use for reporting purposes.
Additional guidance provided by U.S. Customs along with the list of the tariff codes subject to 50% duty under Section 232 Steel & Aluminum can be found within the CSMS messages at the links below. Please refer to the FAQ’s provided by U.S. Customs to address your specific questions concerning your steel or aluminum imports.
CSMS # 65236645 – UPDATED GUIDANCE: Import Duties on Imports of Aluminum and Aluminum Derivative Products
Adjusting Imports of Aluminum and Steel into the United States – The White House