US imposes 50% tariffs on steel, aluminum and copper

Tariffs applied to transaction value of imports

Trade & Tariffs
🇮🇳
Economic Times ·
Change
The United States imposed a 50% tariff on steel, aluminum and copper imports calculated on transaction value under Section 232.
Why it matters
The change shifts tariff calculation to full transaction value, increasing documentation and compliance requirements for importers.
Implications
  • — Importers face higher tariff exposure — costs increase
  • — Compliance complexity rises — valuation rules tighten

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Economic Times
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