Biden Administration Imposes New Tariffs on Chinese Steel and Aluminum Imports via Mexico: 25% on Steel, 10% on Aluminum

Jul 10, 2024, 02:21 PM

The Biden administration has announced new tariffs on steel and aluminum shipments routed through Mexico to prevent China from circumventing existing U.S. levies. Effective July 10, the move requires importers to prove that the metals were forged in North America or face tariffs under Section 232. Steel will face a 25% tariff, while aluminum will face a 10% tariff. This action aims to address the issue of transshipment, where countries reroute products through third-party nations to avoid tariffs. The U.S. and Mexico are collaborating on these measures to strengthen the enforcement of national security tariffs on foreign-made metals.