President Donald Trump on April 2 issued a proclamation modifying Section 232 tariffs on steel, aluminum, copper, and related derivative products, effective April 6.
The proclamation reorganizes covered products into four annexes with varying tariff rates. Annex I-A goods—primarily products composed largely of steel, aluminum, or copper—will face a 50% tariff, while certain aluminum and steel derivatives listed in Annex I-B will be subject to a 25% rate. Annex II removes certain products from Section 232 coverage altogether.
Iron or steel screws, bolts, nuts, and washers under HTS 7318 remain subject to a 50% tariff, while products such as steel or aluminum hinges, mountings, and fittings under HTS 8302 are now subject to a 25% tariff.
