Customize Section 232 Tariff Percentages for Savings

Executive summary:

• Merchants can now customize percentage values for Section 232 tariffs.
• This update helps reduce import duties on affected products.
• Impacts all Shopify Plus stores shipping items to the USA.

What changed

Shopify Plus now allows merchants to customize the percentage of their product's value subject to Section 232 tariffs on steel and aluminum. This setting adjusts the default assumption of 100% metal content, providing more accurate duty and tax calculations at checkout.

Why it matters

This feature offers significant financial benefits by allowing merchants to pay more accurate duty fees based on their actual product composition. It enhances cost-efficiency and competitiveness for merchants selling in the USA.

Role-specific impact

• Marketers: Highlight lower costs in promotions to attract cost-sensitive customers.
• Developers: Integrate API to auto-fill the correct metal percentages.
• Store admins: Manage and update tariff settings through the Shopify admin portal.

Use-case example

Real-world scenario & metric

An online furniture retailer adjusts the metal percentage for a table product, leading to a 15% reduction in duties, thereby saving $30,000 annually.

Implementation checklist

1. Navigate to the Shopify admin settings.
2. Select "Duties and Taxes" options.
3. Input the appropriate percentages under "United States Section 232 percentage".
4. Ensure commercial invoices are updated accordingly.

FAQ

Q: Who should use this feature?
A: Merchants shipping products with metal components to the USA should use it.

Q: How often can the percentage be updated?
A: You can update it anytime through your Shopify settings.

Resources

Learn more about US tax duties in our Shopify documentation.

Need guidance? Talk to Makro.