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Section 232 Tariffs

The United States currently maintains a 25% tariff on steel imports and 10% on tariff on aluminum imports under Section 232 of the Trade Expansion Act of 1962. In 2018, the Trump administration imposed Section 232 Tariffs on steel and aluminum imports into the United States, citing national security concerns. The U.S. agreed to lift tariffs on Canada and Mexico after the signing of the United States-Mexico-Canada Agreement (USMCA), and reached deals with the European Union, Japan and other countries to replace the tariffs with quotas for steel and aluminum imports into the U.S.

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NCBFAA Supports Removing Section 301 Goods From de Minimis Eligibility
September 24, 2024 by Mara Lee|Top News

The National Customs Brokers & Forwarders Association of America, in a conference session preparing its members for a day lobbying on Capitol Hill, said that the NCBFAA is not arguing for or against a de minimis restriction proposal from Senate Finance Committee Chairman Sen. Ron Wyden, D-Ore. The proposal would require all goods entering in de minimis to be classified with a 10-digit Harmonized Tariff Schedule code and would bar apparel, footwear and other "import-sensitive" goods from eligibility.