Steel and Aluminum Tariffs to Increase to 50% on June 4
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Steel and Aluminum Tariffs to Increase to 50% on June 4
Posted on Jun 2
By: Brian Walczyk, Compliance Manager, TradeInsights, LCB, CCS
President Trump announced on May 30th that he plans to double the steel and aluminum tariffs from 25% to 50%, effective on June 4th. This was while visiting a U.S. steel facility in Pennsylvania.
Further guidance from US CBP via CSMS messaging is pending.
We will continue to monitor and provide updates as they become available.
Please contact your V. Alexander account team, or you may also contact our Trade Compliance team at tradeinsights@valexander.com with any questions, and you can always follow us on our website www.valexander.com for updates on this and other topics.