Impact of new US tariffs on steel and aluminum

The new US Section 232 tariffs on steel and aluminum, introduced in February and March 2025, and the EU's response have significant consequences for trade compliance professionals handling steel and aluminum supply chains.

Topics covered:

• Background of the US-EU steel and aluminum tariff dispute since 2018
• The February 2025 US executive orders reinstating 25% tariffs on steel and aluminum imports
• How to determine whether your products are affected (classification, HTS codes, Binding Tariff Information)
• The exemption for derivative articles made from US-melted steel or US-cast aluminum
• Sectors most exposed to the US tariffs (automotive, household goods, sports equipment)
• The EU's countermeasures: reinstated 2018/2020 rebalancing tariffs and a further package under consultation
• The EU's existing trade-defence toolkit for steel and aluminum: import quotas and safeguard measures, import surveillance, anti-dumping duties, and the upcoming Carbon Border Adjustment Mechanism (CBAM)
• The EU's Strategic Dialogue on the future of the steel sector
• EU export control restrictions on steel, iron and aluminum from Russia, Belarus and occupied Ukraine, and the use of mill test certificates to verify origin

For a broader overview of the topic, please watch the full recording. The slides are available in the Resources section.

Please note that this summary was generated using AI, based on the recording and available slides.