Commerce OKs New Section 232 Tariffs on Steel and Aluminum Derivatives Outside of Chapters 73, 76
Section 232 tariffs on a new list of steel and aluminum “derivatives” outside of Chapters 73 and 76 are now set to take effect, after the Commerce Department released a notice that “adequate systems are in place to fully, efficiently, and expediently process and collect tariff revenue for covered articles for both steel and aluminum.”
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The notice doesn’t list an effective date. The proclamations ordering the tariffs on the new steel and aluminum derivatives, listed in annexes to the proclamations, said the tariffs would take effect “upon public notification” that customs systems were ready.
Derivatives listed in the annex that are in Chapters 73 and 76 were already set to take effect alongside other Section 232 tariff increases March 12. Commerce’s notice applies to those outside of Chapters 73 and 76, for which importers will have to pay tariffs only on the steel or aluminum content, respectively.