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The United States has expanded the list of goods covered by Section 232 of the import of steel and aluminum imports in any customs bulletin and border protection that was released on Friday.
In bulletins, CBP offers a list of coordinated tariff codes for hundreds of products, which affects 50 % of tariffs after entering the United States on Monday.
The aforementioned goods include locomotives, motorcycles, truck trailers and special car parts as well as numerous home appliances such as refrigerators, dishwashers, stoves and stoves, washed machines and microwaves.
In March, the United States began the 25 % import tariff on aluminum and steel imports on the orders of President Donald Trump, which later increased the rate to 50 %. Trump carried out his duties to address national security concerns following Section 232 investigations by the Bureau of Commerce.
“In my account, steel and aluminum tariffs now affect at least $ 320 billion in imports based on the value of 2024 public customs,” said Jason Miller, professor of supply chain management at the Michigan State University. “This increases more pressure on the inflation to the ascending prices that domestic manufacturers are paying, selected by PPI data in July.”
Although steel and aluminum imports from most countries are at a rate of 50 %, the United States has set a 25 % amount for such imports from the United Kingdom according to CBP bulletins.
In June, the United States and the United Kingdom finalized the rules of a trade transaction that was announced for the first time in May. At that time, the White House announced that it plans to create a tariff quota for steel and aluminum imports from the UK
The Trump administration has previously expanded the list of products covered under enforcement guidelines, including tariffs including steel and aluminum imports. In April, for example, the White House added empty aluminum cans and beer as derived products exposed to aluminum taxes.
“This is not over,” said Pete Mento, the World Customs Manager in DSV, said in a post. “The next list will certainly be for copper and I expect it to be as miserable.”
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