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Five More Countries Exempted From U.S. Steel & Aluminum Tariffs

: US Customs

U.S. Grants Last-Minute Exemption to Steel & Aluminum Tariffs to Five Additional Countries 2018-03-23

March 22, 2018, U.S. Trade Representative Robert Lighthizer announced that the European Union, Australia, Argentina, Brazil and South Korea are among the nations that will get an initial exemption from looming steel and aluminum tariffs. Canada and Mexico were previously exempted.
 
Mr. Lighthizer told the Senate Finance Committee that there are countries involved in various stages of trade talks with the U.S., and that President Trump decided "to pause" the tariffs for those countries.
 
The decision, comes only hours before the 25% tariffs on steel and 10% tariffs on aluminum take effect; which means the measures will not be applied to imports from Australia, Argentina, Brazil, Canada, the EU, Mexico and South Korea.
 
Non-exempt countries will be subject to the tariff plan that is set to go into effect shortly after midnight on March 23rd.
 
Requests for Exclusions
 
Earlier this week, the Department of Commerce’s Bureau of Industry and Security (BIS) published in the Federal Register, an interim final rule outlining the procedures for parties in the U.S. to submit requests for exclusions from the actions taken by the President in regards to the steel and aluminum tariffs. Exclusion requests may only be submitted by individuals or organizations using steel in business activities inside the U.S. The individuals or organizations must provide evidence that the article is not produced in the U.S. in sufficient quantity, or satisfactory quality, or for a national security consideration.
 
Additional Info on These New Tariffs:
 
Heading 9903.80.01 (Iron and steel products) and heading 9903.85.01 (Aluminum products) set forth the additional customs duty rates from all countries, except for the exempted countries. These Section 232 Tariffs are in addition to any other duties, fees, exactions, and charges applicable to the imported steel or aluminum articles in issue.
 
See Federal Register Notices: 
 
Source: U.S. Government

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