President Trump extended Section 232 measures, imposing a 25 per cent duty on many finished goods containing steel and aluminium, including construction machinery, automotive components, pumps, compressors and furniture. The change follows lobbying by the American steel industry and departs from a prior expectation of a 10 per cent tariff for UK exporters. Major UK manufacturers such as JCB and renewable-sector suppliers, including wind turbine manufacturers, face higher costs. The affected US market for UK goods is estimated at £1.5 billion and the tariffs apply to products already in transit. From 18 August, UK-origin machinery and components face 25 per cent duties, and non-UK exporters face 50 per cent, with complex compliance rules potentially further increasing costs if metal-content proof cannot be provided at entry.
expands the reach of the steel and aluminium tariffs and shuts down avenues for circumvention, supporting the continued revitalisation of the American steel and aluminium industries.
The steel tariffs are necessary for the national security that a strong steel industry provides. One of President Trump's signature achievements of his second term is renewing and strengthening the steel tariffs.
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