To date the Trump Administration has issued multiple proclamations imposing varying rates of import duties on steel and aluminum and certain derivatives, including construction materials. These measures have added volatility and financial pressures to the construction sector both in the United States and abroad. Most recently, on June 3, 2025, President Donald Trump issued a
EU-US Steel Agreement suspending tariffs expires on March 31, 2025 EU tariffs may resume and other products are affected
On February 10, 2025, President Trump signed a new Proclamation abolishing as of March 12, 2025 the quota system for the EU and imposing 25% tariffs on all steel products imported into the U.S.. This effectively puts the end to current agreement between the U.S. and the EU which kept the tariffs on steel and…
White House Updates Section 232 Tariffs on Steel, Aluminum
On February 10, 2025, the White House released an executive order (“EO” or “Order”) titled “Adjusting Imports of Steel into the United States” that reinstates a 25% tariff on imports of steel and steel derivative products into the United States. The administration has also previewed a parallel executive order on aluminum and aluminum derivative product…
New EU/UK Restrictions on Russian-origin Iron and Steel Products
From September 30, 2023, new EU and UK sanctions will come into effect targeting the imports of specified iron and steel products which are processed in third countries and incorporate Russian-origin iron and steel inputs. Importers will need to declare upon import whether the imported goods are compliant (and be prepared to provide evidence demonstrating…
GAO Report on Section 232 Exclusions Signals Increased Enforcement for Steel and Aluminum Importers
On July 20, 2023, the U.S. Government Accountability Office (“GAO”) released a report titled, Steel and Aluminum Tariffs: Agencies Should Ensure Section 232 Exclusion Requests are Needed and Duties are Paid. Following an investigation analyzing import entry data from March 2018 through September 2021, GAO published a 66-page report about the usage and administration…