The United States will impose 25% tariffs on Chinese steel and aluminum products

Masterhu • • Steel News

The United States has announced that it will impose Section 301 tariffs on a wide range of goods imported from China, including steel, aluminum, lithium-ion batteries, graphite and other critical minerals, the Office of the United States Trade Representative said in a statement on Sept. 13. The Office of the United States Trade Representative has set tariffs of 25 percent on a range of goods, including steel, aluminum, lithium-ion batteries for electric vehicles, ores and concentrates of manganese, cobalt, chromium and tungsten; Tungsten oxide, tungstate, carbide; Unwrought tantalum, chromium and indium, including their powders: ferric nickel, ferric niobium (up to 0.02%P or S, up to 0.4%Si); The tariffs will take effect on or before September 27, 2024. Starting in 2026, imports of natural graphite, lithium-ion batteries for other applications and permanent magnets will be subject to the same tariff rate. In addition, starting from 2025, the tariff rate for semiconductors is set at 50%.

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