New 25% Steel & Aluminum Tariffs: What Importers Need to Know

The latest round of U.S. tariffs is shaking up global trade, with President Trump imposing sweeping 25% tariffs on steel and aluminum imports. While the move aims to protect American manufacturing, it comes at a cost—rising prices, retaliatory measures from key trading partners, and increased uncertainty for importers.

For businesses importing steel, aluminum, and related products, these tariffs could mean higher costs, supply chain disruptions, and regulatory adjustments. Here's what you need to know and how EMD Customs can help navigate these changes.

Before Today’s Announcement:

• China: Already faced 45% tariffs (previous 20% tariff + existing 25% steel/aluminum tariff).

• Canada & Mexico: Previously had exemptions under the USMCA, but those are now revoked.

• Other Countries (Japan, South Korea, EU, etc.): Previously had negotiated agreements or lower rates.

What Changed Today?

• Now, ALL countries face a 25% tariff on steel and aluminum.

• No exemptions for allies like Canada, Mexico, the EU, Japan, or South Korea.

• Canada & EU already announced retaliatory tariffs on U.S. exports, escalating the trade war.

Who Is Affected?

The tariffs apply to all countries importing steel and aluminum into the U.S., with no exemptions—a major shift from previous policies that allowed exceptions for Canada, Mexico, Japan, and South Korea.

This means all importers of steel and aluminum products must now factor in an additional 25% tariff cost, impacting industries like:

• Automotive & Manufacturing – Higher costs for steel and aluminum will increase expenses for car manufacturers, machinery producers, and equipment makers.

• Construction & Infrastructure – Builders and contractors relying on imported metals may see cost spikes in raw materials.

• Consumer Goods – Electronics, appliances, and sporting equipment imported from impacted countries may become more expensive.

Retaliation From Canada & the EU

In response to the U.S. tariffs, Canada and the European Union have announced countermeasures, adding tariffs to a range of U.S. goods:

• Canada: A 25% tariff on $20.1 billion worth of U.S. imports, including steel, aluminum, computers, and sporting equipment.

• European Union: Retaliatory tariffs on $28 billion of U.S. goods, including bourbon, motorbikes, and boats.

For U.S. businesses exporting to these markets, expect increased costs and potential disruptions in trade.

Key Dates to Watch

April 2, 2025 – The U.S. government has set this deadline for additional trade actions and tariff adjustments. Importers and exporters should prepare for potential changes.

Immediate Effects – Customs clearance for steel & aluminum shipments subject to higher tariffs, affecting duties & total landed costs.

How Importers Can Prepare

1. Review Supply Chains

   • Identify where your steel and aluminum materials originate.

   • Explore alternative sources to reduce tariff exposure.

2. Adjust Pricing Strategies

   • Factor in the 25% tariff increase when setting prices for imported goods.

   • Consider negotiating with suppliers or passing costs to consumers where necessary.

3. Stay Updated on Trade Policy Changes

   • Canada and the EU may increase their retaliatory tariffs on April 2.

   • Mexico and other countries are evaluating their own response measures.

4. Leverage Customs Brokerage Services

   • EMD Customs can assist with tariff classifications, duty minimization strategies, and customs compliance.

   • We ensure your imports clear U.S. Customs quickly and efficiently, helping you avoid costly delays.

     
     

Need Help Navigating the Tariffs?

At EMD Customs, we specialize in helping importers manage regulatory changes and optimize their supply chains. Whether you're dealing with increased tariffs, customs compliance, or alternative sourcing strategies, we’re here to support your business.

📞 Contact us today to discuss how we can help your imports remain cost-effective and compliant!