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FTZ News - Steel and Aluminum Tariffs
Hello, Melissa
Here is your FTZ News Update!
Steel and Aluminum Tariffs: What FTZ Operators Need to Know
New tariff updates on steel and aluminum are set to reshape global trade. On February 10, 2025, the incoming administration announced increased tariffs on these metals to 25%, broadened the list of covered products, and eliminated country exemptions.
For Foreign Trade Zone (FTZ) operators and importers, these changes raise compliance costs and require careful inventory planning. ITC Diligence International is here to help businesses navigate these shifts with proactive strategies.
Key Updates to Steel
and Aluminum TariffsAluminum Tariffs increased from 10% to 25%. Steel Tariffs are still 25% and now cover more products including nails, tacks, automotive components, and household steel items.…read more.
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