ARTICLE
19 February 2025

President Trump Increases Tariffs On Steel And Aluminum

W
WilmerHale

Contributor

WilmerHale provides legal representation across a comprehensive range of practice areas critical to the success of its clients. With a staunch commitment to public service, the firm is a leader in pro bono representation. WilmerHale is 1,000 lawyers strong with 12 offices in the United States, Europe and Asia.
President Trump issued two presidential proclamations on Monday, February 10, 2025, that make significant changes to the Section 232 tariffs on steel (25%) and aluminum (10%) that the president initially imposed in his first term.
United States International Law

President Trump issued two presidential proclamations on Monday, February 10, 2025, that make significant changes to the Section 232 tariffs on steel (25%) and aluminum (10%) that the president initially imposed in his first term. The revised measures, which are slated to become effective on March 12, 2025, eliminate country exemptions and product exclusions; expand the tariffs to include certain downstream products; establish new processes to include additional downstream products; direct U.S. Customs and Border Protection ("CBP") to prioritize enforcement; and, in the case of aluminum, increase the existing tariff rate from 10% to 25%. In short, the proclamations significantly expand the scope of the prior steel and aluminum tariffs, and they remove flexibilities that the first Trump and Biden Administrations had built into them.

READ THE FULL ALERT.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More