NewsFlash / Rare Earth / US Plans to Impose Additional Tariff on Steel Home Appliances and Rare Earths
US Plans to Impose Additional Tariff on Steel Home Appliances and Rare Earths
iconJun 14, 2025 15:14
Source:SMM
The US Department of Commerce announced that it would impose additional tariff on a variety of steel household appliances, including dishwashers, washing machines, and refrigerators, among other "steel derivatives". This move will affect the 50% tariff set by most countries, potentially leading to an increase in consumer prices and drawing close attention from industry stakeholders. In addition, sources revealed that the US plans to list rare earths under the Defense Production Act, but the timetable for Trump's rare earths plan remains unclear.

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