US Imports Of Steel, Aluminium Now Valued At $320 Billion 

New tariffs now cover auto parts, machinery, plastics and chemicals. Importers face higher costs as total affected trade rises to $320 billion, up from $190 billion in 2024.

The United States has extended its 50% tariffs on steel and aluminium to 407 additional product categories. The measure took effect on 19 August, according to the Department of Commerce.

The list covers imports valued at $130 billion annually, based on 2024 customs data for the newly added codes. Combined with earlier tariffs, duties now apply to around $320 billion of imports, up from about US$190 billion previously.

Newly covered items include auto components, machinery, construction inputs, fire extinguishers, plastics and chemical derivatives. Products are identified only by 10-digit customs codes. For example, fire extinguishers are listed under code 8424.10.0000.

Tariffs on steel and aluminium were first imposed at 25%. In June 2025, the administration doubled rates to 50% for most countries. Monday’s expansion extends coverage beyond raw metals to downstream products.

- Advertisement -

The Department of Commerce said the step aims to prevent circumvention. Analysts note that the new list targets derivatives where steel or aluminium is an input, such as structural parts or packaging materials.

Michigan State University estimates that the new duties increase the value of affected imports by more than 68%. The figure is based on general customs value data for 2024.

Economists warn that higher duties could add cost-push inflation. The Producer Price Index for July already showed rising prices in steel-related categories. Importers are likely to face higher sourcing costs and compliance checks.

The Bureau of Industry and Security launched a product inclusion process in April. Companies filed requests in May, and the expanded list reflects those submissions.

Steel and aluminium remain central to U.S. trade policy. The White House has indicated that sector-specific tariffs will continue to be used to support domestic production and restrict targeted imports.

- Advertisement -
Loading form…
Janarthana Krishna Venkatesan
Janarthana Krishna Venkatesan
As a tech journalist at EFY, Janarthana Krishna Venkatesan explores the science, strategy, and stories driving the electronics and semiconductor sectors.

Industry's Buzz

Valens, onsemi Collaborate on Cost-Optimised A-PHY Solution for 3MP Automotive Cameras

0
The collaboration is expected to expand the availability of A-PHY-based connectivity across mainstream automotive camera applications Valens Semiconductor and onsemi have announced a collaboration to...
CMF Nothing

Nothing’s CMF Becomes Majority Indian-Owned Company

0
Nothing’s CMF is becoming a majority Indian-owned company with local R&D, engineering, and manufacturing, targeting 100 million phones annually as it builds a global...
broadcom

Beijing Examines Broadcom Data Centre Footprint in Push for Silicon Autonomy

0
Chinese state regulator surveys reliance on US network switches ahead of potential directives to adopt domestic alternatives. Chinese authorities are reviewing the deployment of Broadcom...

Syrma Johari MedTech Inaugurates Medical Plastics Facility in Rajasthan

0
The new facility adds to the manufacturing ecosystem of the Syrma SGS Group, which has 17 global production sites and four design and innovation...
LG Electronics

LG India Targets Double-Digit Revenue Share from Exports via Sri City Expansion

0
South Korean consumer electronics giant leverages local manufacturing hub to drive $600m investment strategy and expand global market reach. LG Electronics India expects its export...

Learn From Leaders

Does India’s Chip Packaging Growth Need Local Materials At Scale?

0
What will it take for specialised semiconductor materials manufacturing to grow in India? Packaging volumes will be a key factor as OSAT facilities move...
Ronak Kumar Samantray, Founder, TM2Space Technologies Pvt Ltd.

“Our goal is to build data centres in space.” – Ronak Kumar Samantray, TM2Space

0
A space startup aims to build orbital data centres, letting users run AI models and store data on satellites while also supplying satellite hardware...

India’s Photonics Puzzle Is Finally Coming Together 

0
Can India turn its scattered photonics capabilities into a stronger industry? A new association aims to connect the ecosystem and strengthen the domestic value...
Jin Bains, CEO, Mini-Circuits

Mini-Circuits CEO Jin Bains on Navigating High-Frequency Component SWaP-C Constraints, Emerging Markets, and Career...

0
In this exclusive, Jin Bains, Chief Executive Officer (CEO) of Mini-Circuits, explains in a conversation with Dilin Anand of EFY about areas of emerging...

India Needs Not a Hundred, But Thousands of Chip Diversified Companies 

0
Can India build a semiconductor ecosystem beyond fabs? Indiesemic believes thousands of diversified chip companies are needed to make that possible. India’s semiconductor push is...

Startups

Seema Johar, Co-Founder and Product Director, Compcarta Solutions Pvt Ltd

“We Let Designers Focus on Innovation, Not Infrastructure.”- Seema Johar, Compcarta Solutions

0
In an exclusive interview, Seema Johar of Compcarta speaks with EFY’s Akanksha Sondhi Gaur about why setting up an EDA environment can be harder...

Space Solar Secures $1.7m ARIA Contract for Wireless Power Beaming

0
Harwell-based firm to develop ground-to-air RF beaming technology for persistent high-altitude platforms. Harwell-based wireless power specialist Space Solar has secured a $1.7 million (£1.3 million)...
Mohit Gupta, Founder and CEO, TYLsemi

“We are democratising custom silicon with reusable chiplets, enabling more companies to build their...

0
In an exclusive interview,Mohit Gupta from TYLsemi explains to Saba Aafreen from Electronics For You as to why the future of AI infrastructure will...
Venkata Simhadri, Managing Director and CEO of ASIP

“Running A Semiconductor Manufacturing Facility Requires A High Level Of Discipline, Consistency, And Attention”-...

0
Prime Minister Narendra Modi recently laid the foundation stone for ASIP Technologies’ semiconductor facility in Tarluvada, Visakhapatnam. In an interaction with EFY’s Nitisha Dubey,...
Sarah Osentoski is the Chief Technology Officer of Vinci

A Startup Building An AI Copilot For Physics 

0
What if engineers could solve complex design problems in minutes instead of hours? An AI startup is building a system that uses physics-based AI...