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Analysis of the Impact of the U.S. 40% Circumvention Tariff and Expanded Steel & Aluminum Tariff List on China's Stainless Steel Industry

Since 2025, the United States has repeatedly imposed additional tariffs on imported goods. For China's stainless steel and related product exports, the impact on stainless steel materials is relatively limited, as exports to the U.S. account for only 2% of the total. However, the impact on stainless steel products—especially household items such as kitchenware, sinks and basins, thermoses, bread machines, and electric ovens—is more significant.

Since July, U.S. tariff adjustments have primarily included the explicit inclusion of a "40% circumvention punitive tariff" in the term, followed by the addition of 407 product categories to the steel and aluminum tariff list, subject to a 50% tariff rate. How will these changes affect China's stainless steel materials and products?
2025 09 02
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