Layering Import Duties In A Rapidly Changing Environment
2025-04-23 04:50:00 ET
Summary
- The US government has released three new tariff programs and initiated four more investigations since Jan. 20, 2025, some of which overlap to create additional burden, while others present a web of exemptions.
- The tariff programs from the first Trump administration are still in effect, alongside the Section 301 expansion issued by the Biden administration.
- Section 232 national security duties on steel, aluminum, and automotive parts each apply a 25% duty on imports of those products, including steel and aluminum derivative products.
The US government has released three new tariff programs and initiated four more investigations since Jan. 20, 2025, some of which overlap to create additional burden, while others present a web of exemptions. Additionally, the tariff programs from the first Trump administration are still in effect, alongside the Section 301 expansion issued by the Biden administration....
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