Calculate Your Landed Cost
Adjust values for Steel & Iron Products from United Kingdom
How Tariffs Stack
Each layer adds to the total cost — amounts based on customs value
Full Landed Cost Breakdown
Based on a $10,000 ocean shipment (FOB value)
How the Tariff Rate is Calculated
The tariff structure for steel & iron products follows the US stacking formula: the MFN base rate of 3%, plus Section 232 duty of 50%. The special tariff layer (the highest of Section 122, Section 232, or bilateral rates) is 50%, which combines with the MFN base to produce a subtotal before Section 301 duties. Adding all layers yields a total tariff rate of 53%. On a customs value of $10,600.00, this translates to total duties of $5,618.00, plus the Merchandise Processing Fee of $36.72 and Harbor Maintenance Fee of $13.25. The total landed cost including all fees reaches $16,267.97.
Trade Context
The United States imported $68B in goods from United Kingdom in 2024, making it a significant trading partner in the Europe region. Key import categories from United Kingdom include pharmaceuticals, passenger vehicles, industrial machinery, reflecting the country's industrial and agricultural strengths. Steel & Iron Products represents an important segment of this trade relationship, with demand driven by both price competitiveness and product availability in the US market. The bilateral trade volume underscores the economic significance of tariff policy decisions affecting imports from United Kingdom.
What Happens When Section 122 Expires?
Section 122 does not affect imports of steel & iron products from United Kingdom because products subject to Section 232 tariffs are excluded from the Section 122 surcharge. The 50% Section 232 duty applies independently and will remain in effect regardless of Section 122's expiration on July 24, 2026. Importers of steel & iron products should plan around the Section 232 rate as the primary additional tariff layer.
Alternative Sourcing Countries for Steel & Iron Products
Importers looking for lower tariff costs on steel & iron products may consider sourcing from Germany (effective rate 15%, saving approximately 38.0 percentage points); France (effective rate 15%, saving approximately 38.0 percentage points); Ireland (effective rate 15%, saving approximately 38.0 percentage points). Compared to United Kingdom's total effective rate of 53%, these alternatives offer potential cost savings depending on the specific product classification and applicable trade agreements. Each alternative carries its own tariff structure, so importers should calculate the full landed cost before switching suppliers.
Tariff Timeline for United Kingdom
UK steel/aluminum exemption maintained at 25% (not 50%) under S232
Section 122 uniform 15% surcharge enacted
Frequently Asked Questions
The current total tariff rate on Steel & Iron Products from United Kingdom is 53%. This is composed of the following layers: MFN base rate: 3%; Section 232 duty: 50%. The effective tariff rate after all layers is 53%.
For a $10,000 shipment of Steel & Iron Products from United Kingdom, you can expect to pay approximately $5,300.00 in total duties at the current rate of 53%. Additional fees include the Merchandise Processing Fee (MPF) and, for ocean shipments, the Harbor Maintenance Fee (HMF). The total landed cost for a $10,000 order would be approximately $15,300.00, representing an effective cost increase of 53% over the FOB price. Use our tariff calculator for precise calculations based on your specific shipment value and shipping method.
No, Steel & Iron Products is subject to Section 232 tariffs instead of Section 122. Products covered under Section 232 national security tariffs are excluded from the Section 122 surcharge. The Section 232 rate of 50% applies to steel & iron products regardless of origin country.
Section 122 does not currently apply to Steel & Iron Products from United Kingdom, so its expiration on July 24, 2026 would not directly change the tariff cost. The current tariff rate of 53% would remain based on other applicable tariff layers. However, broader trade policy changes surrounding the Section 122 expiration could affect overall tariff structures.
For Steel & Iron Products, alternative sourcing countries to consider instead of United Kingdom include Germany (effective rate: 15%), France (effective rate: 15%), Ireland (effective rate: 15%). Compared to United Kingdom's total effective rate of 53%, these alternatives may offer lower landed costs depending on the specific HTS classification. Use our country comparison tool to see a detailed side-by-side analysis of tariff costs.