Additional Section 232 Tariffs on Steel from Turkey

Additional Section 232 Tariffs on Steel from Turkey

2018-08-14T13:49:47+00:00August 14th, 2018|Customs, Import, Industry Spotlight|

On August 10, 2018, the United States issued a proclamation increasing ad valorem duties on steel articles from the Republic of Turkey.  Starting at 12:01 AM EST on August 13, 2018, steel articles from Turkey will be subject to an additional duty rate of 50 percent, with respect to goods entered, or withdrawn from warehouse for consumption after the effective date. The bold move sits among a web of geo-political activity, including failed extradition negotiations over a Turkish pastor living in the United States and a sinking Turkish lira, signaling more international trade upheaval could be not far behind.

Back on March 8, 2018, the Administration issued Proclamations 9704 and 9705 to adjust imports of steel and aluminum into the United States in order to protect domestic production of these national security resources.  While the duties have been levied against U.S. allies and opponents alike, the recent action targeting Turkey has been cited as an effort to further reduce imports of steel and bolster domestic capacity. Under Section 232 of the Trade Expansion Act of 1962 (19 U.S.C. 1862), the President has the authority to implement tariffs against trade that threatens the national security of the United States, of which steel production is vital.

CBP FILING INSTRUCTIONS:

In addition to reporting the regular Chapters 72 & 73 of the Harmonized Tariff Schedule of the United States (HTSUS) classification for the imported merchandise, importers shall report the following HTSUS classification for imported merchandise subject to the additional duty:

9903.80.02 (50% ad valorem duty rate for products of iron and steel that are the product of Turkey).

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