Another Update: Section 232 Countermeasures and Retaliation
Since the publication of the announcement regarding the Section 232 Steel and Aluminum tariffs sent out yesterday, additional details regarding the countermeasures to be imposed by the European Union have been released, which will become effective in two phases: (1) on April 1, 2025 relating to the original countermeasures/retaliation imposed during the initial Section 232 tariffs and that have been suspended, followed by (2) additional countermeasures/retaliation to enter into force likely in mid-April.
UPDATED IMPLEMENTED Section 232 Tariffs Steel and Aluminum Articles and Derivatives
The Section 232 steel and aluminum 25% ad valorem tariffs are now in effect against all steel and aluminum articles and all listed derivatives, including many automotive, construction and consumer products. Aluminum articles and derivatives from Russia are subject to 200% tariffs.
