United States announces new rules for calculating Section 232 tariffs on steel, aluminum, and copper imports
New rules for calculating the tariffs so that they are assessed on the full value of the imported products.
President Trump today signed a proclamation to adjust tariffs imposed under Section 232 on imported steel, aluminum, and copper products. The Section 232 duty will now apply to the full customs value of the article, regardless of the metal content in the imported article.
According to a White House release, the proclamation establishes new rules for calculating the tariffs.
- A 50% tariff applies to the full value of articles made entirely or almost entirely of steel, aluminum, or copper.
- A 25% tariff applies to the full value of derivative articles substantially made of these metals.
- Certain metal-intensive industrial and electrical grid equipment will be subject to a 15% tariff through 2027.
- A lower tariff of 10% applies to products made abroad but entirely with U.S. steel, aluminum, and copper.
- Products containing 15% or less of steel, aluminum, or copper by value are no longer subject to the Section 232 metals tariffs.
The amendments will be effective with respect to goods entered on or after 12:01 AM ET on April 6, 2026.