Steel and Aluminum tariffs increase to 50%

President Trump issued a proclamation stating that tariffs on aluminum and steel imports will increase from 25% ad valorem to 50%, effective 12:01 a.m. ET on June 4.

U.K. steel and aluminum imports will currently remain at the 25% tariff rate through July 9, at which time the Commerce Secretary may adjust the applicable rates of duty.

For more details, read the proclamation here.

This is effective for consumption entries as of 12:01am Eastern time June 4, 2025, and there are no in-transit exemptions, and no drawback is allowed on these duties.

With regards to steel/aluminum and derivative items, duties will be applied as follows:

Auto parts 

- Section 232 automobiles and auto parts - Automobiles will be subject to 25% tariff rate.

-  Auto parts will be subject to 25% tariffs on the non-U.S. content.

Products of Canada/Mexico 

• Section 232 steel/aluminum - Items will be subject to 50% tariff rate.

• IEEPA Drug/Border tariff will not apply to Section 232 steel/aluminum items at 50%.

232 Derivatives  

- Derivatives will be subject to 50% tariff rate on non-U.S. steel/aluminum content value. (25% for the U.K.)

- 232 derivatives will be subject to 25% IEEPA Drug/Border tariff on the other (non-steel/aluminum content)

- 232 derivatives will be subject to current reciprocal tariff rate (10% today) on other (non-steel/aluminum content)

- Products of countries other than Canada/Mexico

- Section 232 steel/aluminum - Items will be subject to a 50% tariff rate (25% for the U.K.)

-     IEEPA Drug/Border tariff (20%) WILL apply to items from China.

We will continue to follow this news and post updates as new information becomes available.