“Dear Importers,
Effective today, June 4, 2025, all imports of aluminum and steel, except from UK, will be imported at 50% under Sec 232. UK will have a grace period till July 9.”
President Trump issued a proclamation this evening ensuring that tariffs on aluminum and steel imports will increase from 25% ad valorem to 50% ad valorem, effective 12:01 a.m. ET on June 4.
U.K. steel and aluminum imports, however, will remain at the 25% tariff rate through July 9 at which time the Commerce Secretary may adjust the applicable rates of duty, even increasing the duty to 50% if he determines that the U.K. has not complied with relevant aspects of the U.S.-U.K. Economic Prosperity Deal (EPD) of May 8, 2025.
For more details, read the proclamation here.
NCBFAA will provide members with additional details and Customs and Border Protection (CBP) guidance, as it is received.
NCBFAA will continue to keep our members updated about the U.S. tariffs through the Monday Morning eBriefing and eblasts, and a dedicated IEEPA Tariffs webpage on our website.
Attention: The Monday Morning eBriefing (MMeB) and other communications of the NCBFAA are the exclusive property of the Association. Unauthorized use by any person or firm which is not a member in good standing is strictly prohibited.
