• The Straight Wire

Importing Costs Guide from China to United States

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Steel imports must have a steel license. We can apply for this on the importer’s behalf through our brokers.

On China origin steel under 7217.10 and 7215.50, there is a partial reduction of the additional China tariff. It is 7.5% (as opposed to the 25% China Tariff). Note that other headings may be subject to the 25% China tariff. Please check with us for your product name.

On steel imports originating anywhere except Canada and Mexico, there is a 25% additional steel tariff under Section 232.

Costs:

Duty

7.5% - China tariff based on value of commercial invoice excluding transport costs

25% - Steel tariff based on value of commercial invoice excluding transport costs

General U.S. taxes

.3464% of value of commercial invoice – U.S. Customs’ Merchandise Processing Fee (MPF) - Min $29.66 Max $575.35

.125% of value of commercial invoice – U.S. Customs’ Harbor Maintenance Fee (HMF)

Import entry fees

$75.00 – ISF / per B/L

$200.00 – U.S. Customs’ clearance / per B/L

$150.00 – Steel License / usually valid for an amount of product (value or tonnes)


$450.00 Customs Surety Bond unless the importer already has one. It is good for a year.

2% - Disbursement Fee on the amount of duty and fees paid to U.S. Customs

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