***ATTENTION CARRIERS AND IMPORTERS*** As a result of the Reciprocal Tariff Executive Order, CBP now requires additional data on top of what is required by the prior tariff orders. This is resulting in further increased processing times and we anticipate significant delays for the foreseeable future. Please ensure you continue to provide your paperwork to BCB with significant lead time. Your patience during this unprecedented time is greatly appreciated.

Executive Order Signed Adjusting Tariffs On Steel and Steel Derivative Products

The President of the United States has signed an Executive Order modifying existing orders pertaining to tariffs on steel and steel derivative products. Very basically, effective March 12, 2025 at 12:01 am, any prior exemptions, exclusions, country-specific quota benefits, etc. will be terminated. Accordingly, all steel and steel derivative products which are currently subject to 25% Section 232 duties pursuant to prior presidential orders, and as subsequently revised, will be subject to those duties regardless of country of origin. This includes Canada and Mexico.

Links to applicable presidential orders are embedded above for your reference.

Further, the Order states there will be tariffs on ADDITIONAL steel derivative articles but the list of those products has not yet been released. The Order references an Annex where these products will be found but the same has not been issued. Ultimately, it appears that the duty will only be charged on the “steel content” and CBP will advise the president when they are equipped to handle this. A Federal Register Notice will be issued at that time.

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