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U.S. to Issue Additional Duty on Articles of Steel and Aluminum February 8th

The Office of the U.S. Trade Representative published President Trump’s latest installment in U.S. tariffs on foreign goods. The “Proclamation on Adjusting Imports of Derivative Aluminum Articles and Derivative Steel Articles into the United States” outlines the decision to now impose tariffs on aluminum and steel articles imported into the United States.

Aluminum articles will be assessed and additional 10 percent duty, similar to the 232 tariffs already in place on the aluminum manufacturing material. Goods manufactured in Canada, Mexico, Argentina and Australia will be exempt.  Expect this tariff list to include aluminum stranded wire, cables, plaited bands, slings, motor vehicle/tractor bumper and body stampings, and similar derivative articles.

Steel articles will be assessed and additional 25 percent duty, similar to the 232 tariffs already in place on the steel manufacturing material. Goods manufactured in Canada, Mexico, South Korea, Argentina, Australia, and Brazil will be exempt.  Expect the tariff list to include steel nails, tacks, drawing pins, corrugated nails, staples, motor vehicle/tractor bumper and body stampings and similar derivative articles.

We will continue to follow this story and release the tariff numbers impacted once the information becomes available.

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COVID-19 is a global challenge. Keeping our supply chains moving is important for maintaining the health and wellbeing of citizens and businesses. While the Canada - U.S. border is now closed to non-essential traffic, it is still open for trade and commerce. We are committed to doing our part for global supply chains.

We are protecting the health and safety of our employees. They are working from home, except for critical functions that require certain equipment or managing paper/courier flow. In those cases we are following social distancing guidelines.

We are open and available to assist you, and key players in your supply chains. Our dedicated staff are available 24/7 and our brokerage and logistics experts are available to help you make adjustments to your supply chain, if necessary.

We encourage you to check out the government programs available to families, businesses, exporters and importers. And, while respecting the need for social distancing we encourage everyone, including our staff, to reach out and remain connected to family, friends, colleagues and customers.

Stay safe.

Peter Willson
Chairman & CEO
Willson International

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