The White House published a new Executive Order (EO) modifying how the Section 232 tariffs are applied on steel, aluminum, and copper articles imported into the United States. Most importantly, food processing and packaging machinery of 8422 and 8438 continue to not be subject to Section 232 tariffs.
Per the corresponding Fact Sheet published, Section 232 steel and aluminum tariffs will now be:
- Articles made entirely or almost entirely of aluminum, steel, or copper will pay a flat 50% on their full value — for example, steel coils and aluminum sheet.
- Derivative articles substantially made of steel, aluminum, or copper will pay a flat 25% on their full value.
- Certain metal-intensive industrial equipment and electrical grid equipment will pay 15% through 2027, to accelerate the massive industrial base buildout currently underway across the United States.
- Products made abroad but entirely with American steel, aluminum, and copper will be subject to lower tariffs of 10%.
- Products made of 15% or less steel, aluminum, or copper will no longer be subject to Section 232 metals tariffs.