Proc 10403ProclamationBiden · D

Proclamation 10403

Adjusting Imports of Steel Into the United States

President Biden suspended for one year the 25 percent tariff on steel articles and derivative steel articles imported from Ukraine, citing Russia's invasion and the need to preserve Ukraine's steel industry as an economic lifeline. The suspension takes effect June 1, 2022, and expires June 1, 2023, while tariffs on steel imports from all other countries remain unchanged.

Impact dates

  1. Tariff suspension on Ukrainian steel articles expires (11:59 p.m. EDT)

  2. Tariff suspension on Ukrainian steel articles and derivative steel articles takes effect

Key directives

  • Suspend 25% tariff on steel articles and derivative steel articles from Ukraine for 1 year
  • Secretary of Commerce shall monitor domestic steel industry and Ukrainian steel industry developments
  • Secretary shall inform President of any need to terminate or extend the suspension
  • Revise HTSUS subchapter III of chapter 99 to reflect tariff suspension for Ukraine
  • Supersede inconsistent provisions of prior proclamations and Executive Orders

Who is ordered

Timeline

Immediate

  • Suspension of Ukraine steel tariffs takes effect June 1, 2022 at 12:01 a.m. EDT

Near term (90d)

  • Secretary of Commerce to monitor domestic and Ukrainian steel industry developments

Long term

  • Tariff suspension expires June 1, 2023 unless extended; potential for broader U.S.-Ukraine security discussions on steel overcapacity

Risks & tensions

  • Potential domestic political pressure from U.S. steel producers who may oppose tariff relief for Ukraine
  • Uncertainty about whether Ukrainian steel production will recover sufficiently within the 1-year window
  • Monitoring requirement creates ongoing administrative burden without specified reporting frequency
  • Risk of trade diversion if Ukrainian steel is rerouted through other countries
Proclamation 10403: Adjusting Imports of Steel Into the United States · Executive Orders