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May
9
2018
Update on Section 232 Duties on Steel and Aluminum

Dear Friends and Customers,

"President Trump has extended the deadline for steel and aluminum tariff exemptions for U.S. allies through May 31, 2018.

It is important to note that the Section 232 measures are based on country of origin, not the country of export.

Effective Dates: Steel Permanent Exclusion on the listed HTSs, with the following countries of origin are permanently exempt from the duties: Argentina, Australia, Brazil and South Korea.

Importers should be prepared to provide proof of origin, including signed Mill Certificates from the producing mill.

Temporary Exclusion List: For the month of May, the following countries are subject to a temporary exemption from Section 232 steel duties: Canada, Mexico, and member countries of the European Union (Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden and the United Kingdom).

Unless additional extensions are granted, as of June 1, 2018 Section 232 duties will be in effect for all.

Korean Quota: Effective May 1, 2018, iron or steel products imported into the U.S. with a country of origin of South Korea are subject to absolute quota."

Source: Tuttle Law

Sincerely,

R.L. Jones

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