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Iron and Steel from Argentina Tariff: 50% (2026)

Tariff Rate Breakdown

10%

Section 122 Base

50%

Section 232

50%

Effective Rate

The 50% Section 232 rate applies to articles wholly of steel, aluminum, or copper (derivatives are 25%), on full customs value. The 10% Section 122 surcharge does not stack on the Section 232 metal content — it reaches only any non-metal portion — so a wholly-metal article’s effective rate is 50%, not 60%.

Among US trading partners for iron and steel, Argentina plays a notable role, with approximately $14B in total bilateral trade.

Following the Supreme Court's landmark February 20, 2026 decision striking down IEEPA tariffs, imports of iron and steel from Argentina are now subject to a 10% tariff under Section 122 of the Trade Act of 1974, effective February 24, 2026.

This 10% rate has a built-in expiration: Section 122 limits presidential tariff authority to 150 days, meaning the tariff expires approximately July 24, 2026 without congressional renewal.

Products in this chapter may be subject to Section 232 metals tariffs. Since the April 6, 2026 restructuring these are two-tier: 50% on articles wholly of steel, aluminum, or copper and 25% on derivative articles, on the full customs value (doubled from 25% to 50% in June 2025). The 10% Section 122 surcharge does NOT stack on the Section 232 metal content, so a wholly-metal article runs about 50%, not 60%.

Key products in HTS Chapter 72 imported from Argentina include Hot-rolled steel coils, Cold-rolled steel sheets, Steel rebar, Stainless steel, Steel wire, and Steel pipe and tube.

Common Products in Chapter 72

Hot-rolled steel coilsCold-rolled steel sheetsSteel rebarStainless steelSteel wireSteel pipe and tubeSteel billetsGalvanized steel

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Frequently Asked Questions

What is the current tariff rate on iron and steel from Argentina?

As of mid-2026, iron and steel from Argentina face a base tariff of 10% under Section 122. Section 232 metals tariffs apply to steel/aluminum/copper articles — 50% on articles wholly of the metal and 25% on derivatives (full customs value); the 10% Section 122 does not stack on the metal content. The effective rate is about 50% on the most-affected products.

Will the tariff on iron and steel from Argentina change?

The Section 122 tariff of 10% expires approximately July 24, 2026, unless Congress extends it. Section 232 tariffs on metals also have no set expiration. Monitor legislative developments for updates.

How did the Supreme Court ruling affect iron and steel imports from Argentina?

The Supreme Court's February 20, 2026 ruling struck down IEEPA reciprocal tariffs as exceeding presidential authority. The president signed a replacement 10% tariff under Section 122 the same day, effective February 24.