Section 232 Tariffs Must Be 'Owed and Payable' for Reciprocal Tariff Exemption, CBP Says
An exemption from reciprocal tariffs for goods subject to Section 232 tariffs only applies if duties are “owed and payable,” CBP said in an update May 8 to its Section 232 tariff FAQ.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
That means new aluminum and steel derivatives that are listed as subject to Section 232 tariffs but that don’t actually pay them because they have no actual aluminum or steel content don’t qualify for the reciprocal tariff exemption under subheading 9903.01.33, CBP said.
However, that also means that, for aluminum and steel derivatives that are filed on two entry lines for aluminum or steel content and non-aluminum or non-steel content are wholly exempt, CBP said. “The 9903.01.33 exemption can be claimed on both lines, representing the entire article.”