Recently, the AEC released a detailed fact sheet outlining the implications of Section 232 tariffs on aluminum imports, available for review on our website here. This document underscores our ongoing commitment to transparency and informed decision-making within our member base. Previously, we updated the 232 Derivative Products List to include a comprehensive breakdown of HTSUS codes and product descriptions, aimed at providing clarity for our stakeholders accessible here . Additionally, The Bureau of Industry and Security (BIS) within the Department of Commerce established a formal process for the addition of aluminum products designated the USHTS codes. The first window for submission opened on May 1, 2025, and closed on May 15, 2025. After the posting and public comment period occurs the BIS will make a final determination within 60 days. In addition to these regulatory updates, the Trump Administratio...
On April 2, 2025, the Trump administration leveraged the authority granted by the International Emergency Economic Powers Act (IEEPA) to impose reciprocal tariffs on imported goods. View the Executive Order HERE . Starting April 5, these tariffs will apply to all imported goods, except those already in transit, and will add to any existing duties or tariffs. The administration specified an ad valorem rate of 10% and varying tariff rates for goods from specific countries, included in Annex-I, which will be enforced from April 9 onwards. Exceptions to these tariffs include information materials, humanitarian donations, and certain categories like steel and aluminum subject to Section 232 tariffs. Additionally, goods from Russia, Belarus, North Korea, and Cuba face separate tariff structures, reflecting geopolitical considerations. Canadian and Mexican products are exempt from these duties, provided they meet U.S.-Mexico-Canada Trade Agreement (US...