Industry News

US expands steel and aluminum tariffs by adding 407 new steel and aluminum derivatives

Views : 154
Update time : 2025-08-18 15:32:20
The Trump administration has expanded its 50% tariffs on steel and aluminum imports by adding hundreds of new derivative products. The US Department of Commerce's Bureau of Industry and Security (BIS) announced the addition of 407 additional Harmonized Tariff Schedule of the United States (HTSUS) product codes to the list of goods subject to the tariffs.

The new levies take effect at 12:01 a.m. Eastern Time on August 18, 2025. This action means that the steel and aluminum content in these products will be taxed at 50%. The non-metallic portions will remain subject to the original tariff rates set for specific countries of origin.

The change is part of the existing Section 232 tariffs.
Related News
Read More >>
South Africa’s coal exports rise on improved rail performance South Africa’s coal exports rise on improved rail performance
Jan .30.2026
South Africa’s coal exports rise on improved rail performance
Ukrainian industry to drive postwar recovery Ukrainian industry to drive postwar recovery
Jan .30.2026
Ukrainian industry to drive postwar recovery
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Jan .30.2026
Hindalco invests Rs 21,000 crore to expand aluminum production in Odisha
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar
Jan .30.2026
Taiwan’s Yusco largely raises stainless steel prices for Feb as raw material costs soar