Toronto, March 7, 2025
US President Donald Trump issued the following Proclamations to implement a 25% tariff on all imports of steel and aluminum and their derivative products, effective 12:01 a.m. Eastern Standard Time (EST) March 12, 2025. Products and tariff numbers of “derivative products” may be found here for Steel and Aluminum.
- “Adjusting Imports of Steel into the United States”
- “Adjusting Imports of Aluminum into the United States”
IMPORTANT: US importers of goods containing steel or aluminum should be sure to review the derivative lists to determine if your finished goods may be subject to a tariff on the steel or aluminum content.
The White House issued their fact sheet on President Trump’s restoration of the Section 232 Tariffs.
What we know:
- Tariffs go into effect 12:01 a.m. EST March 12, 2025.
- All previously negotiated agreements with South Korea, Argentina, Australia, Brazil, Canada, Mexico, the EU countries, Japan and the UK have been terminated.
- The Section 232 product exclusion process was terminated February 10, 2025.
- No drawback shall be available with respect to the duties imposed pursuant to this Proclamation.
For more information, please call Brian Rowe, Director – Customs Compliance & Regulatory Affairs at (905) 882-4880, ext. 1213.
