customs brokerage, freight forwarding and truck transportation

Exemptions to U.S. Steel and Aluminum Tariffs Only Temporary

: US Customs

Countries Exempted from New U.S. Tariffs on Steel and Aluminum Only Up To April 30, 2018 2018-03-26

On March 23, 2018, Milgram reported that the United States had granted exemptions on new Section 232 tariffs to the following countries: Australia, Argentina, Brazil, Canada, Mexico, South Korea as well as the 28 European Union countries.
 
Click on:  Five More Countries Exempted From U.S. Steel & Aluminum Tariffs
 
In a presidential proclamation published late on Thursday, Trump said he would suspend tariffs for these countries, only until May 1, 2018 as discussions continue. After May 1st, the U.S. President will decide whether to permanently exempt these countries based on the status of these ongoing talks.
 
This proclamation states, in relevant part:
 
“As a result, unless I determine by further proclamation that the United States has reached a satisfactory alternative means to remove the threatened impairment to the national security by imports of aluminum articles from a particular country listed as excepted in clause 1 of this proclamation, the tariff set forth in clause 2 of Proclamation 9704 shall be effective May 1, 2018, for the countries listed as excepted in clause 1 of this proclamation.  In the event that a satisfactory alternative means is reached such that I decide to exclude on a long-term basis a particular country from the tariff proclaimed in Proclamation 9704, I will also consider whether it is necessary and appropriate in light of our national security interests to make any corresponding adjustments to the tariff set forth in clause 2 of Proclamation 9704 as it applies to other countries.  Because the current tariff exemptions are temporary, however, I have determined that it is necessary and appropriate to maintain the current tariff level at this time.”
 
Additional information is available here.
 
In short, unless the exempted countries negotiate long term agreements, satisfactory to the White House, the proposed Section 232 tariffs could be reinstated as early as May 1, 2018.
 
If you have any questions on the foregoing do not hesitate to contact your Milgram representative.
 

Source: U.S. CBP and whitehouse.gov

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Milgram has developed a reputation for providing the highest level of service in the fields of Customs Brokerage, International Freight Forwarding and Ground Transportation.

We strive to make things simple for our clients by doing them better, and work hard to meet and exceed our clients expectations.

Montréal514-288-2161Dorval514-695-3585Toronto905-673-1568Toronto Warehouse905-677-3997Vancouver604-821-1677Toll-Free1-888-MILGRAM (645-4726)
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