Industry reacts to Section 232 shift to full-value tariff on derivatives

Alterations to Section 232 tariffs on aluminum could make things easier on the administrative side by replacing the confusing content-based valuation system with a full-value assessment. But opinions are mixed on how the changes will impact metal companies, depending on where they sit on the supply chain.

The changes, which took effect Monday, April 6, introduce a tiered structure for aluminum and aluminum-containing products. A 50% levy will be imposed on the full value of items made entirely or almost entirely of aluminum. Derivative products will be taxed at 25%, 15%, and 10%.