USA raises tariffs on aluminum and steel imports to 25%, USA raises tariffs on aluminum and steel imports , USA raises tariffs on steel imports to 25%, USA raises tariffs on steel imports to 25%,

USA raises tariffs on aluminum and steel imports to 25%

Starting March 4, 2025, all aluminum and steel imports into the United States will be subject to a 25% tariff, according to a new decision signed by President Donald Trump.

“We will impose a 25% tariff on all aluminum and steel imports, with no exceptions. This will encourage more businesses to manufacture in the USA,” President Trump announced on February 10, 2025, immediately after signing the executive order in the Oval Office. He had previously unveiled this plan on February 9, 2025.

The new policy will officially take effect on March 4, 2025. President Trump emphasized that this measure aims to boost domestic production, create more jobs for American workers, and warned that tariffs could be raised even further in the future.

Under the new regulation, the aluminum import tariff will increase from 10% (in place since 2018) to 25%. Countries previously exempt from aluminum and steel tariffs will no longer receive these benefits.

Additionally, Trump has mandated that imported steel must be “melted and poured” in North America to restrict Chinese products from entering the USA market. A similar rule will apply to aluminum.

Trade experts believe this measure will help the USA reduce reliance on foreign supplies in critical industries such as aluminum and steel, prevent dumping, promote domestic production, and safeguard key industries related to national security.

During his first term, President Trump imposed a 25% tariff on steel and a 10% tariff on aluminum. However, some trade partners, including Canada, Mexico, and Brazil, were granted exemptions. President Joe Biden later expanded these exemptions to include the United Kingdom, Japan, and the European Union (EU).

According to the American Iron and Steel Institute, the largest sources of USA steel imports are Canada, Brazil, Mexico, South Korea, and Vietnam. For aluminum, Canada accounted for 79% of total USA imports in the first 11 months of last year, while Mexico also played a significant role as a supplier.

Global trade tensions have escalated in recent weeks as President Trump signed an order imposing a 25% tariff on imports from Canada and Mexico and a 10% tariff on goods from China. However, on February 3, he temporarily suspended tariffs on Canada and Mexico after reaching an agreement on anti-smuggling and immigration issues with both countries.

Regarding China, USA tariffs remain in effect as of February 4. In response, China has imposed tariffs ranging from 10% to 15% on American goods, launched an antitrust investigation against Google, tightened exports of key metals, and blacklisted two USA companies.

Despite being the world’s largest steel producer and exporter, China exports very little steel to the USA The 25% tariff imposed during the 2018 USA-China trade war already restricted most Chinese steel from entering the American market. In total, only 508,000 tons of Chinese steel were exported to the USA last year, accounting for just 1.8% of total USA steel imports.

To protect their legitimate interests, related manufacturers and exporters should familiarize themselves with the procedure and actively contact Vietnamese law firms specializing in anti-dumping and trade remedy for timely assistance.

ASL Law is a leading full-service and independent Vietnamese law firm made up of experienced and talented lawyers. ASL Law is ranked as the top tier Law Firm in Vietnam by Legal500, Asia Law, WTR, and Asia Business Law Journal. Based in both Hanoi and Ho Chi Minh City in Vietnam, the firm’s main purpose is to provide the most practical, efficient and lawful advice to its domestic and international clients. If we can be of assistance, please email to [email protected].

ASL LAW is the top-tier Vietnam law firm for Anti-dumping & countervailing. If you need any advice, please contact us for further information or collaboration.

***Other service of ASL LAW – full service Vietnam law firm *** 
Retainer service to enterprisesInternational trademark registration
Oversea investment consultancy for Vietnamese enterprisesPatent in Vietnam
PCT Patent in VietnamPCT Patent Vietnam Entry
Intellectual property services (Vietnam IP Firm)Vietnam Patent Agent
Trademark in VietnamVietnam Patent Firm
Vietnam Trademark AgentPatent translation in Vietnam
How to register trademark in VietnamVietnam Patent Translation Agent
Copyright in VietnamVietnam IP Firm
Vietnam TrademarkVietnam IP Agent
Notes to company formation in VietnamM&A
How to open company in VietnamBanking & financial services
Open representative office in VietnamContract consultancy
Establish company in VietnamEmployment and labor
Corporate services in VietnamLitigation and dispute resolution
Vietnam Law FirmFranchise in Vietnam
Vietnam Antidumping Law FirmVietnam Franchise registration
Vietnam countervailing law firmVietnam Business Law Firm
Vietnam Real estate law firmVietnam construction law firm
Law firm in HanoiLaw Firm in Ho Chi Minh
This entry was posted in Uncategorized. Bookmark the permalink.
Contact Me on Zalo
+84982682122
WhatsApp chat