IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jun 2018 | Removal date: open ended
Still in force

Import tariff

On 31 May 2018, the United States issued a Proclamation imposing import duties on certain steel goods from Canada, the European Union and Mexico. According to the United States, the tariffs are imposed for reasons of national security concerns under "national security of the United States under section 232 of the Trade Expansion Act of 1962, as amended (19 U.S.C. 1862)."

The rate of duty on imports of certain steel goods is 25%. The tariffs enter into force on 1 June 2018.

Notably, the United States imposed import tariffs on the subject goods on 23 March 2018 with the exception of imports from a number countries including Canada, the European Union and Mexico, see related state act.

Additionally, the Proclamation introduced import quotas on certain steel goods from Brazil and Argentina, see related intervention.

Following the imposition of duties on the subject goods, the EU, Mexico have imposed retaliated against the United States imposing import tariffs on a number of US goods, see related state acts.

AFFECTED COUNTRIES

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