National Roofing Legal Resource Center

Tariffs imposed on imported steel and aluminum

On March 23, the Department of Commerce implemented President Trump's directive to impose tariffs of 25 percent on imported steel and 10 percent on imported aluminum to increase domestic production of these materials for national security purposes. The tariffs apply to imports of steel and aluminum with the exception of imports from the following countries that have been granted exemptions: Australia, Argentina, Brazil, Canada, the European Union, Mexico and South Korea. The exemption for South Korea is permanent, whereas the other exemptions expire May 1, but may be extended pending the administration's review. In addition, the president has threatened to impose tariffs on other products imported from China in response to China's retaliatory tariffs on U.S. exports after the U.S. implemented the steel and aluminum tariffs. There is significant bipartisan concern within Congress about the possible negative effects on the economy from a broad trade war, and the House Ways and Means Committee held a hearing April 12 to review the matter. NRCA is closely monitoring the effect of the tariffs on the roofing industry and consulting with allies on Capitol Hill and the business community to develop the most appropriate response regarding this issue.


4/24/2018



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