Forbes states that of 200 CEOs, localization is their #1 goal.
Added U.S. duties by sourcing country, split into metal parts (castings, forgings, machined metal, fasteners) and non-metal parts (plastics, rubber, composites). Every rate links to its source.
| Country / part type | Base MFN dutyNormal tariff schedule | Section 232Steel, aluminum, copper | Section 301 China2018–2019 lists | Section 301 forced labor60 economies | Section 338Canada | Section 301 excess capacity16 economies | Est. added dutyOn top of MFN |
|---|
Up to 12.5%Up to 25%Up to 50%Over 50%