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US Expands 50% Tariffs on Steel and Aluminum

On August 15th, the Trump administration announced the expansion of its 50% tariffs on steel and aluminum imports, adding hundreds of derivative products to the list.
The US Department of Commerce announced in a Federal Register notice published that evening that the Bureau of Industry and Security has added 407 product codes to the Harmonized Tariff Schedule of the United States. These products will be subject to additional tariffs due to their steel and aluminum content.
The notice stated that the non-steel and aluminum components of these products will be subject to tariffs imposed by President Trump on goods from specific countries. The expanded tariff list will officially take effect on August 18th.
On June 3rd, the White House issued a statement stating that US President Trump announced an increase in tariffs on imported steel, aluminum, and their derivatives from 25% to 50%. The tariffs will take effect at 12:01 a.m. Eastern Time on June 4, 2025.

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